Fears that UK accountancy jobs could be wiped out within a generation have been dismissed as 'absurd'. Leading US economist Professor Alan Blinder, who was once tipped to succeed Alan Greenspan at the Federal Reserve, has predicted that up to 40m 'professional'jobs, including accountants and lawyers, could be lost in the US to offshore centres such as India and China, and that a similar cull could take place in the UK.
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