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Denmark – Moderate optimism for growth

22 February 2011

The latest Economic Forecast from the Danish Chamber of Commerce (Dansk Erhverv) predicts that Gross Domestic Product (GDP) will grow by +1.3% in 2011. The Chamber expects that unemployment levels will rise to 172,000 for the year.Chief Economist, Geert Laier Christensen, commented "the mode...


Ireland – Fall in business performance

22 February 2011

InterTradeIreland, the organisation which supports SMEs across the island to develop North/South trade and business development, has published the results of its quarterly All-Island Business Monitor for Q4 2010 based on research among 1,000 companies in Southern and Northern Ireland. Key findin...


UK – REC welcomes PM's public sector revolution

22 February 2011

The Recruitment and Employment Confederation (REC) has welcomed government proposals to open up the range of providers in public services, and highlighted the advantages of using private recruitment agencies instead of in-house staffing banks.Writing for The Daily Telegraph, Prime Minister David...


UK – Glass ceiling for women reduces profitability

22 February 2011

73% of women believe the glass ceiling exists and say there are still barriers for women looking to be appointed to senior management and board level positions in the UK, according to research by the Institute of Leadership and Management (ILM). In contrast, just 38% of men believe there is a gla...


Germany – Minimum wage agreed for temporary employees

21 February 2011

The coalition government (Conservatives and Free Democrats) and the Social Democrat opposition have finally agreed on a nationally binding minimum wage for temporary employees, which is to come into effect on 1 May 2011 when the German labour market opens up to staffing agencies from Eastern Euro...


UK – HCL drama continues

21 February 2011

Alan Walker has announced his resignation as chairman of the beleaguered staffing firm Healthcare Locums (HCL) together with Alasdair Liddel, who is stepping down from his position as Non-Executive Director, The Daily Telegraph newspaper reports.HCL suspended Executive Vice-Chairman Kate Bleasdal...


Germany – Business climate improves further

21 February 2011

The latest Business Climate Index for German industry and trade published by research institute IFO rose in February 2011 for the ninth time in succession. More companies have reported a better business situation than in the previous month. With regard to their business prospects for the coming s...


France – Output growth at 6-months high

21 February 2011

The latest Flash France Composite Output Index published by research firm Markit, based on around 85% of normal monthly survey replies, signalled the fastest growth of French private sector output for six months in February 2011. The headline index posted 59.5, up from 57.6 in January 2011.The im...


Switzerland – Economic outlook unchanged in February

21 February 2011

The economic outlook for Switzerland in February 2011 was virtually the same as in the previous month. The relevant Credit Suisse ZEW Indicator edged up marginally by 1.2 points, reaching the -17.2 mark. Overall, 11.4% (+6.1 percentage points) of the experts surveyed forecast an improvement in ec...


UK – Private sector reluctant to take on ex-public sector workers

21 February 2011

The latest Barclays Corporate Job Creation Survey 2011 based on interviews with 500 executives of UK businesses of all sizes reveals that the majority of firms plan to create new jobs this year, but only if sales grow first.57% of companies said they planned to create jobs over the coming 12 mont...