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Switzerland - GDP up +2.4% y-o-y

31 May 2011

Real Gross Domestic Product (GDP) for Switzerland grew in the first quarter of 2011 by +0.3% compared with the fourth quarter of 2010, according to the latest data, published today, by State Secretariat for the Economy (SECO). Positive growth was generated by the trade balance, construction inves...


Are you paid enough?

31 May 2011

As part of our buyers survey we are for the first time looking at compensation but the results will only be shown to those non-subscribing readers who complete the survey.  The survey should take no longer than 20 minutes to complete and, of course, all individual responses are treated in th...


Europe - Economic sentiment stable but moderately down in the Euro area

30 May 2011

In May, the Economic Sentiment Indicator (ESI), published by the European Commission, was broadly unchanged at 105.4 in the European Union (EU), while it decreased by -0.6 points to 105.5 in the Euro area. The overall decline in the Euro area resulted from weakening confidence in all the business...


UK - Unemployment forecast to peak at 2.6 million in mid-2012

30 May 2011

In its latest Quarterly Economic Forecast, published today, the British Chambers of Commerce (BCC) has downgraded its growth expectations for 2011 and 2012. The new forecast is predicting UK Gross Domestic Product (GDP) growth of +1.3% in 2011 and +2.2% in 2012, down from its March forecast of +1...


Ireland - 88% of CEOs do not expect growth until 2012

30 May 2011

88% of business leaders do not expect the economy to return to growth until 2012 or later, according to a new report entitled 'Irish Chief Executive Officer Pulse Survey', published today by professional services firm PwC.About half of those surveyed expect revenues and profits to grow over the n...


Sweden - Labour cost up in March 2011

30 May 2011

The Labour Cost Index (AKI) for the private sector in March 2011 was 105.4 for wage-earners and 106.0 for salaried employees. Compared with March 2010, labour costs have increased by +2.3% for wage-earners and +0.8% for salaried employees, according to the latest data, published today, by Statist...


UK - Capita acquires CCT

30 May 2011

Capita Group Plc (CPI:LSE), the provider of business process outsourcing solutions and professional support services, has acquired Call Centre Technology Limited (CCT), for a consideration of 15 million Pounds on a cash free, debt free basis. CCT provides voice telephony, applications and service...


UK - Robert Walters' shareholders revolt against directors' remuneration

27 May 2011

Staffing group Robert Walters Plc (RWA:LSE) faced a stinging shareholder revolt at its annual meeting on Wednesday, with investors rejecting pay policies at the recruitment group. Of the votes cast, nearly 44% were against the remuneration report. Another 16% were withheld. The revolt came after...


UK - InterQuest confident on future and seeks acquisitions

27 May 2011

IT staffing specialist, InterQuest Group Plc (ITQ:LSE), has held its Annual General Meeting today. At the meeting, Gary Ashworth, Executive Chairman made the following statement regarding trading in the year to date:"As with many of our peers, we continue to see a strengthening in our market...


Netherlands - Holland Venture invests in AmbuCare and merges it with HighCare

27 May 2011

Private equity firm Holland Venture has decided to invest in AmbuCare, a staffing agency in ambulance care, to initiate a merger with its portfolio company HighCare.The investment enables HighCare and AmbuCare to act as a stronger and more reliable partner in staffing solutions for hospitals and...