The revelation comes from a recent survey of UK directors by Oxford-based finance and accountancy recruitment company, Stephen Beagent Associates, which showed that only 2% believed that the Internet poses a serious competitive threat.
This is despite the fact that one in 10 UK households now shop online, which is predicted to rise to 43 million households across Europe by 2003.
Stephen Beagent said: ‘Finance personnel should rise to the challenge that e-commerce poses. We are seeing an increase in demand for dynamic qualified personnel from Internet-based start-up companies who are looking to grow dramatically over the next two or three years.’
A crisis always gives advisers plenty to do - but there are questions as to whether Brexit will give them the lucrative work they desire
John Connolly, the former global chairman and UK chief executive of Deloitte, has been appointed as chairman of US-based consultancy firm Radius
RSM has appointed James Lewis as an M&A partner in its corporate finance practice
Some practices are becoming split down the middle between Gen Y and the millennials on the one side, and the grey hairs on the other, writes Christian Doherty