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Europe – UK and France pass ‘digital services tax’ legislation

12 July 2019

The UK and France are planning to introduce a digital services tax on tech firms targeting the largest internet companies such as Google, Apple, Facebook and Amazon.

As part of its Finance Bill published yesterday, the UK government announced that from 1 April 2020, it will introduce a new 2% tax on the...


UK – Recruitment director refused gangmasters’ licence due to concerns over previous conduct

12 July 2019

A managing director at a UK recruitment firm described as a “serious defaulter” has been refused a licence with the Gangmasters and Labour Abuse Authority.

Raymond Trew, managing director for recruitment firm Evro Recruitment was considered to not be ‘fit and proper’ following a review of his...


Ireland – Cpl Resources expects profits to be ahead of expectations

11 July 2019

Irish recruitment firm Cpl Resources announced in a trading update that it expects its profit before tax to be ahead of market expectations as the company said it performed well in the second half of the year.

Following a first half that saw operating profit grow by 28% and pre-tax profits grow by 23%,...


UK – HR GO acquires majority stake in Red Berry Recruitment

11 July 2019

Ashford-based recruitment firm HR GO has acquired a 51% stake in UK-based independent recruitment consultancy Red Berry Recruitment.

Financial terms of the transaction were not disclosed.

Red Berry provides temporary and permanent staff to many key sectors, including office and administration, customer...


UK – Broadcaster wins IR35 case and avoids £140,000 tax bill

11 July 2019

A radio broadcaster and comedy writer defeated the HMRC in an IR35 tribunal and successfully challenged a deemed tax bill of approximately  £140,000.

The HMRC argued that Paul Hawksbee, a radio presenter for Talksport, was an employee which meant he would be liable for income tax and National Insurance...


UK – Recruitment professionals among happiest workers in the country, CV-Library finds

11 July 2019

The majority of UK recruitment professionals say they are happy every day, according to research from job board CV-Library.

In a study of 2,000 working professionals, CV-Library found that 70% of recruitment professionals feel happy every day. Only two other professions were ranked higher: automotive...


UK – Industrial Personnel completes management buy-out (Insider Media)

11 July 2019

Yorkshire-based recruitment firm Industrial Personnel has been acquired in a management buy-out reports Insider Media. Managing director Phillip Buckley, who previously owned 50% of the company, has acquired the rest of the shares, putting the company into his sole ownership. Industrial Personnel, founded...


World – PageGroup Q2 gross profit up, but global uncertainty set to hit profits

10 July 2019

UK-based specialist recruitment firm PageGroup (MPI: LSE) reported a record group gross profit for the second quarter ending 30 June 2019 of £224.6 million, an increase of 7.4% in constant currency when compared to last year.

International growth offset weakness in the UK during the second quarter as...


Netherlands – The Employment Group acquires Cottus

10 July 2019

The Employment Group, a Dutch firm that owns a portfolio of specialist  staffing brands, announced that it has acquired Cottus, a technical service provider based in the Netherlands.

Financial terms of the transaction were not disclosed.

Cottus places technicians at the executive and secondary level...


UK – ZRG Partners acquires executive search firm Holker Watkin

10 July 2019

Global retained search firm ZRG Partners has acquired Holker Watkin, a London-based search firm focused on placing strategy and transformation professionals in Europe and other markets.

The deal closed on 25 June but terms of the transaction were not announced

Holker Watkin was founded in 2000. Professionals...