U.K. Banks Worried About Luring Staff as Hiring Rises, CBI Says

U.K. banks are increasingly concerned about their ability to attract employees as hiring in financial services rose in the first quarter, according to a survey by Britain’s biggest business lobby group.

Banks, insurers and asset managers probably added 5,000 jobs in the first quarter, and may hire 9,000 workers in the three months to the end of June, the study by the Confederation of British Industry said. Revenue at banks may have risen in the first quarter, while still lagging normal levels, the survey said.