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Finance firm to invest in Inverness

Category: Scottish Investment — Paul Morgan on May 4, 2013

Up to 500 new jobs are to be created in Inverness, after French company Capgemini struck a deal with Scottish Development International (SDI).

It will bring the total of Capgemini employees in Scotland near the 1,000 mark, with the finance tech giant already employing about 500 people in the Highlands. Two hundred of the new positions are planned to be in place by the end of 2013, with the other 300 coming online over the next three years.

Talking about the news, First Minister Alex Salmond said:

“Capgemini’s announcement that they are creating 500 new jobs in Inverness and thus doubling their workforce here in the Highlands is fantastic news.”

Salmond went on to say that the economy would be boosted immensely by the deal; sentiments that were echoed by Drew Hendry, the leader of Highland Council, who said:

“We look forward to working with Capgemini to assist their recruitment process and provide opportunities for our young people in particular.”

Other companies in the Highlands and throughout Scotland are working to boost employment with young people, many through working directly with the Institute of Recruiters. Invoice finance is helping many of these firms to boost cash flow and create new and more effective job roles.

As well as investment from Capgemini itself, the new job creation is being aided by a £4.25m injection from SDI. The international trade and overseas investment vehicle is a joint venture between Holyrood, Highlands and Islands Enterprise (HIE) and Scottish Enterprise.

The HIE will additionally provide a training grant for the new staff, to the value of £1m.

'Disclaimer: The information contained in these articles is of a general nature and no assurance of accuracy can be given. It is not a substitute for specific professional advice in your own circumstances. No action should be taken without consulting the detailed legislation or seeking professional advice. Therefore no responsibility for loss occasioned by any person acting or refraining from action as a consequence of the material can be accepted by the authors or the firm.

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