UK – HR GO acquires Sussex Recruitment and Gel Resourcing

Ashford-based recruitment firm HR GO agreed to acquire Sussex Recruitment Limited and its specialist division Gel Resourcing Limited. Both of the companies are based in Eastbourne.

Financial details of the transaction were not disclosed.

Sussex Recruitment, founded in 2007, is an independent Sussex Recruitment...

UK – Demand for talent rises 24% in 2018 despite Brexit uncertainty

Demand for professionals in the UK increased by 24% between 2017 and 2018 according to new research undertaken by data publisher  Vacancysoft  on behalf of the Association of Professional Staffing Companies (APSCo). 

APSCo’s research showed that Q1 and Q2 in 2018 saw the strongest growth...

UK – Healthcare staffing provider accused of ‘profiteering’ after charging up to triple its rates during the holidays (The Guardian)

Newcross Healthcare Solutions, a UK-based provider of agency care workers, has been accused of “profiteering” after trying to charge care homes up to £2,700 to supply a staff member for a single shift, reports The Guardian. The company stated in a price list that it would be charging triple its...

UK – HMRC chasing its own staff for potential six-figure bills in unpaid tax (The Telegraph)

The Telegraph reports that the HMRC is “ruthlessly” pursuing its own employees for potential six-figure bills as part of a crackdown on tax avoidance schemes. Approximately 50,000 contractors are being targeted by the tax office for using so-called disguised remuneration schemes. In 2016, the government...

Sweden – Wise Group revenue and profits pick up in fourth quarter

Wise Group (WISE:SS), the Swedish staffing firm reported revenue today for the fourth quarter ending 31 December 2018 of SEK 265.9 million (€25.0 million), an increase of 14.6% compared with the same quarter last year. 

Sweden – Hedera Group fourth-quarter revenue and profits surge with boost from acquisitions

Swedish recruitment services firm Hedera Group (HEGR:SS) reported revenue today for the fourth quarter ended 31 December 2018 of SEK 58.8 million (€5.5 million), an increase of 57.2% compared to last year.

Sweden – NetJobs Q4 revenue hit by weak performance in Germany and Sweden, but net loss recovers

Swedish job board NetJobs (NJOB: STO) reported revenue for the fourth quarter ending 31 December 2018 of SEK 8.4 million (€0.8 million), a fall of 19.5% compared with the same period last year.

UK – Government announces new programme to drive up skills in the AI sector

The UK government announced a new programme of industry-funded AI Masters courses coupled with work-based placements designed to drive growth and productivity and create high-skilled jobs.

The programme will see thousands of graduates become qualified experts in artificial intelligence.

The new skills...

World – Hays net fees and turnover up in H1 but growth in Germany eases

International recruitment firm Hays (LON: HAS) reported net fees for the six months ended 31 December 2018 with a 9% increase on a like-for-like basis compared to the previous year. The company also reported turnover and operating profit both increased by 9% on a like-for-like basis.

UK – Jarell Group acquires MRN Recruitment, plans further acquisitions in 2019

Birmingham-based recruitment firm Jarell Group has acquired MRN Recruitment, a specialist in industrial, horticultural and food manufacturing recruitment throughout the Lincolnshire region.

Financial details of the transaction were not disclosed. Jarell Group said the acquisition of MRN will add more...