Some of the fastest growing financial technology firms in Wales are at risk of being held back by skills shortages, a leading specialist lawyer has warned.
Cerian Jones said so-called fintech companies have told her they are "chasing fish in the same small pool".
She said those firms not actually trying to fill a recruitment gap "are trying to retain staff so they don't go elsewhere".
Cardiff is facing competition from London and Bristol among other cities.
Ms Jones, a patents attorney and partner at UDL in Cardiff, said: "When I talk to software companies about what their biggest challenge is, nine times out of 10 it's recruitment.
"These are very skilled positions, needing skilled graduates with the right coding and development skills."
She said there was a lure of working in London and firms in south Wales were having to be creative in trying to entice people "in a candidates' market".
Some were finding it difficult, even when offering £60,000 salaries.
There you have it. You can code to make banks richer. In Cardiff.
(Score: 4, Insightful) by frojack on Sunday November 19 2017, @12:42AM (3 children)
I see nothing there that couldn't be fixed with a fresh coat of bulldozer.
The land itself has to be worth that much.
Ok, not move in ready, but still.
No, you are mistaken. I've always had this sig.
(Score: 0) by Anonymous Coward on Sunday November 19 2017, @01:48AM
Exactly.
Buy the whole row of the things, bulldoze them, build something better. Whats that a row of, 10 houses? Assume an average price of 10k per, 100k to get the hole block, build your self a nice 200k house with a backyard. 300k, I wish I had that opportunity here.
(Score: 3, Informative) by Anonymous Coward on Sunday November 19 2017, @04:06AM (1 child)
> fixed with a fresh coat of bulldozer
Before you start, I suggest you investigate the extent of required planning permission. Not sure about that part of Wales, but I'm slightly familiar with SW England, where it might take 10 or 20 years to get demolition and building permits. Glaciers have been known to move faster.
(Score: 1, Interesting) by Anonymous Coward on Sunday November 19 2017, @08:02AM
Move to Scotland, up here, even Listed buildings can be demolished quite easily and quickly, Our local planners make very liberal use of this gambit. [goodreads.com]
And if they get caught out, well, it's amazing how many buildings catch fire up here after planning permission has been refused...