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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...


Netherlands - Agency temporary employment up +6% q-o-q

27 May 2011

The number of hours worked by agency temporary employees was up by nearly +6% in the first quarter of 2011 when compared to the fourth quarter of 2010, according to the latest statistics published today by the Central Statistical Office (CBS). Adjusted for seasonal variation, the index figure for...


Belgium - Agency temporary employment up +16.16% y-o-y

27 May 2011

The number of hours worked by agency temporary employees in April 2011 was up by +1.01% compared with March 2011, according to the latest monthly figures concerning the Belgian agency temporary employment market published by the Federation of Employment Partners (Federgon).The number of hours wor...


Portugal - Tax raid on staffing agencies

27 May 2011

The Portuguese tax authorities raided 17 temporary employment agencies and the homes of eight managers of temporary employment agencies on Tuesday this week in connection with VAT and other tax evasion as well as money laundering, the Ministry of Finance announces.The Ministry believes that Portu...


UK – REC comments on HMRC response to VAT tribunal decision

27 May 2011

The Recruitment & Employment Confederation (REC) understands that HM Revenue & Customs (HMRC) has decided not to appeal the recent tribunal decision on how VAT for the provision of temporary staff should be calculated. The issue is whether the first-tier tribunal ruling sets a clear prec...


Sweden - GDP up +6.4% in Q1 2011

27 May 2011

Sweden's Gross Domestic Product (GDP) increased by +6.4% in Q1 2011 when compared with Q1 2010, according to the latest data published today by Statistics Sweden (SCB).  GDP increased by +0.8% compared with the fourth quarter of 2010. Both household consumption expenditures and general gove...


UK – Net migration increases despite cap on non-EU migration

27 May 2011

 A further rise in net migration offers the first sign of evidence that the temporary cap will do little to reduce net migration to the "tens of thousands", says the Chartered Institute of Personnel and Development (CIPD) in response to the Migration Statistics Quarterly Report pu...


Germany - GDP revised upwards but skills gap increasingly an issue

26 May 2011

Gross Domestic Product (GDP) growth for 2011 has been revised upwards from +3% to +3.5% by the German Chambers of Industry and Commerce (DIHK). In April the German government still forecast GDP growth for 2011 at +2.6%. For 2012 DIHK forecasts GDP growth of "noticeably more than +2%".Ne...


UK - Morson Group's prospects and trading in line with directors' expectations

26 May 2011

Morson Group Plc (MRN:LSE), the provider of technical engineering personnel and project design solutions, today issues the following statement ahead of the Group's Annual General Meeting held this morning. Gerry Mason, Chairman, made the following statement on current trading:"Trading i...