Reeves to launch City ‘skills compact’ committing firms to retrain staff in AI

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Reeves to launch City ‘skills compact’ committing firms to retrain staff in AI

Exclusive: Plan to improve skills of thousands of financial sector workers to keep pace with tech revolution Chancellor Rachel Reeves is to announce a new City “skills compact” that will commit firms such as Barclays and Lloyds to retraining thousands of financial sector workers for the AI revolution. The financial services skills compact will be launched on Tuesday, during what is likely to be Reeves’s final Mansion…