The Chancellor of the Exchequer, the Rt. Hon. George Osborne MP, has announced 1200 new jobs at Deloitte, the business advisory firm, with 500 new positions in its newly opened digital business.

The Chancellor made the announcement as he officially opened Deloitte's technology studio in London.

Deloitte are hiring a total of 4,500 people across the group up to December 2015 with 2,000 positions going to graduates and school leavers.

As the firm expands its digital business it will also today pledge its support to the Government's Your Life campaign, aimed at increasing the number of women studying science, technology, engineering and maths (STEM) subjects.

As part of their pledge Deloitte will commit to;

• Encouraging all 600 employees in its Women in Technology Network to share career insights and experience, as well as act as mentors to young people via the firm's dedicated Deloitte Access programme in partnership with Teach First. It will share the latest thinking on STEM fields and showcase the work of its Women in Technology Network to schools, universities, UK businesses and clients.

• Engaging with at least 2,000 pupils and students over the next 12 months through its schools outreach, mentoring and careers programmes. This programme aims to raise aspirations and skills of young people and where possible will look to educate young people about STEM subjects and careers.

• Offering 120 young people from 15 of its Deloitte Access schools the opportunity to engage with technology and digital experts at Deloitte around its annual Telecommunications, media and technology (TMT) Predictions. This opportunity will offer a next generation of innovators and entrepreneurs the chance to learn about the TMT sector and develop their knowledge and personal and professional networks.

• Offering up to 50 summer placement, work experience and BrightStart roles across the firm, dedicated to STEM careers.

The Rt Hon George Osborne, MP, Chancellor of the Exchequer, said:

"The pace of job creation in the country is testament to our long term economic plan, especially in high growth sectors such as digital.  Deloitte's new digital business is a fantastic investment in the UK's technology industry but more needs to be done to encourage women into these sectors. I'm therefore particularly pleased that Deloitte has today extended its outreach, mentorship and summer placement programmes as part of the 'Your Life' campaign, joining over 180 other businesses and institutions that have already made pledges."

David Sproul, chief executive and senior partner at Deloitte UK, said:

Deloitte by Raysonho

Deloitte by Raysonho

"Our digital business has grown by 100% over the last two years and we expect to double in size by the end of next year, with clients increasingly seeking advice on developing technology software, products and digital services. In addition, we are proud to announce the biggest recruitment drive across our firm to date. The investment in skills and talent we are announcing today, with the focus on getting more women in business; is a key priority for Deloitte. We are committed to supporting the Government's Your Life campaign which fits with work we are already doing with schools to boost female participation in STEM.

"Deloitte is focused on improving and increasing opportunities for female talent and we have set ambitious targets of 25% female partners by 2020 and 30% by 2030. In order to achieve these, we must improve our pipeline of future female leaders."

The 'Your Life' campaign was launched by the Chancellor last month, with over 180 leading businesses and institutions signed up including Google, Arup, L'Oreal, Microsoft, Ford, BP, BSkyB, Airbus, Nestle, Samsung, the Science Museum and now Deloitte.

They have all pledged to do more to highlight the career opportunities open to those studying STEM subjects, with some creating new entry level job opportunities and others extending their outreach programmes.

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