UK – TPG Growth acquires Frank Recruitment Group

TPG Growth, the middle market and growth equity investment platform of US-based investment firm TPG, has announced the acquisition of UK-based IT recruitment business Frank Recruitment Group (FRG).

TPG Growth acquired a majority stake in FRG from its founders and UK-based mid-market private equity firm...

UK – Arrows Group Global and ICG medical reach £100 million turnover milestone

Arrows Group, a UK-based International Technology, Media & Telecommunications and Healthcare recruitment services company, and ICG Medical, its holding company for the healthcare sector, have passed £100 million in sales in 2016.

Founders of Arrows Group Global and ICG Medical, James Parsons and...

Netherlands – USG People Q1 revenue boosted by international growth

Dutch staffing firm USG People (USG: NV) reported revenue of €646.1 million, an organic increase of 13% compared with €570.7 million during the same period last year for the first quarter ending 31 March 2016.

EU – Euro area unemployment reaches lowest level since 2011

The euro area (EA19) seasonally-adjusted unemployment rate was 10.2% in March 2016, down from 10.4% in February 2016, and from 11.2% from the same period last year. This is the lowest rate recorded in the euro area since August 2011, according to figures from Eurostat, the statistical office of the European...

UK – APSCo responds to employment agency conduct regulation reforms

APSCo (The Association of Professional Staffing Companies), has responded to the UK Government’s upcoming changes to the Conduct of Employment Agencies and Employment Businesses Regulations 2003, which will come into effect on 8 May 2016.

 “While we would have welcomed a complete overhaul of...

UK – Leaders think their IT department lags behind the competition

IT leaders in UK businesses think their departments are four years behind their most innovative competitors according to, a research report from the IT resourcing specialist, Experis.

 The report Tomorrow’s Tech reveals that organisations want their teams to deliver more cloud services (61%) and...

UK – Finance is the most common background of today’s FTSE 100 CEOs

According to a new study by international recruitment firm Robert Half, 55% of FTSE (Financial Times Stock Exchange) 100 CEOs have a background in finance.

The research shows that 21% of FTSE 100 CEOs have a background in retail/hospitality while 15% have a background in engineering/natural resources,...

UK – Millennial workers unhappy with their bonuses, threaten to leave London

According to the latest Bonus Survey 2016 from London-based recruitment firm Morgan McKinley, London is not doing enough to encourage the next generation of professionals to build a career in financial services leading to a skills gap within the sector with 83% of junior workers unhappy with their bonus....

France – Synergie Q1 results boosted by international growth

French staffing firm Synergie (SDG: PAR) reported revenue growth of 9% (7.6% on a like-for-like (LFL) basis) to €437.2 million during Q1 2016, up from €401.3 million in Q1 2015.

Revenue for the quarter was broken down as follows:  

UK – Harvey Nash preliminary results in line with expectations

UK-based IT staffing firm Harvey Nash (HVN: LSE) has announced its preliminary results for the year ending 31 January 2016. The company reported revenue £676.5 million, an increase of 5% in constant currency (CC) compared with the previous year.