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UK – Disappointing economic survey results

5 April 2011

The British Chambers of Commerce's (BCC) latest Quarterly Economic Survey (QES), released today suggests that while the UK economy has returned to positive growth, the disappointing results highlight the fragility of the recovery. The Q1 survey, combining 6,000 responses from businesses across th...


UK – Financial services see strong growth in Q1 2011

5 April 2011

The UK financial services sector saw activity grow strongly for the third quarter in a row, in the three months to March 2011, according to a new Financial Services Survey published by the Confederation of British Industry (CBI) and financial services firm PwC.Firms considered the level of their...


UK – Norman Broadbent CEO retires

5 April 2011

Andrew Garner, aged 66, has advised that he wishes to retire from his position of group chief executive at Norman Broadbent, the executive search firm, with immediate effect but will maintain a position on the board until the AGM, which is expected to be held in late May.Garner will continue to w...


UK – Price fixing fine for construction agencies hugely reduced

4 April 2011

Staffing firm Hays Plc notes that the Competition Appeal Tribunal (CAT) has announced its judgement in respect of Hays' appeal against the level of the fine imposed by the Office of Fair Trading (OFT) in September 2009.The CAT has reduced the fine from 30.36 million Pounds to 5.88 million Pounds,...


International – ManpowerGroup acquires 74% of WDC

4 April 2011

Staffing firm ManpowerGroup (NYSE:MAN), has announced that it has successfully completed its acquisition of a 74% stake in Kolkata-based Web Development Company Limited (WDC), the IT services and professional resourcing company. Offering consulting, development and application support services to...


UK – AWR draft guidance published

4 April 2011

Since the government announced that it will not be amending the Agency Workers Regulations, officials from the Department of Business, Innovation and Skills (BIS) have been developing draft guidance in partnership with key stakeholders, representing the interests of staffing agencies, hirers and...


UK – Job Index slips back slightly but up +25% y-o-y

4 April 2011

Job opportunities across the country slipped back last month, down -3 Index points (-2%) in March 2011 compared to February 2011 according to the latest Job Index published by recruitment website, reed.co.uk. However, year-on-year employer demand is up +25%, to give a Job Index reading of 128.&nb...


World – Manufacturing growth robust in March 2011

4 April 2011

The Global Manufacturing Purchasing Managers Index (PMI), published by JPMorgan and research firm Markit rose at a robust clip in March 2011. Although the rate of growth eased to a four-month low, it was still above the long-run survey average and consistent with global industrial production expa...


Germany – Quotas for women unacceptable to major companies

4 April 2011

Managers of the 30 major German companies trading on the Frankfurt Stock Exchange (DAX 30) have made it clear that whilst they are in favour of increasing the number of women in their board rooms, they utterly reject the government's plans to introduce quotas for women, Die Welt newspaper reports...


UK – Business concern around new employment laws

4 April 2011

Changes to paternity leave from 3 April 2011, and the scrapping of the Default Retirement Age on 6 April 2011 will be damaging, claim business owners in an ongoing survey by the British Chambers of Commerce (BCC).  Of 1,300 businesses, 52% said that they expected additional paternity leave...