Daily News

Daily News-Staffing Industry Analysts RSS Feed Get the RSS Feed

UK – Michael Page's gross profit boosted by international business

11 April 2011

Gross profit was up by +30% from 97.9 million Pounds in Q1 2010 to 127.3 million Pounds in Q1 2011 at Michael Page International Plc (MPI:LSE), the specialist professional recruitment company. At constant currency gross profit was up by +29.3%.Interim results for the three months ended 31 March r...


Germany – Shortage of temporary employees holds back growth

11 April 2011

New research carried out by the Institute of the German Economy (IW) on behalf of the Association of Temporary Employment Agencies (BZA), shows that temporary employment was up by only +1.5% to 873,000 individuals in February 2011 compared with the previous month, despite the current boom in the...


UK – Networkers International's gross profit up but PBT marginally down

11 April 2011

Revenues were up by +18.2% from 129.48 million Pounds in 2009 to 153.05 million Pounds in 2010 at Networkers International Plc (NWKI:LSE), the IT and telecoms staffing specialist.Final results for the year ended 31 December 2010 reveal that net fee income was up by +14.9% from 21.17 million Pound...


UK – Capita to acquire Tribal's health and government divisions

11 April 2011

Capita Group Plc (CPI:LSE), the provider of business process outsourcing solutions and professional support services, has entered into a conditional agreement to acquire the health and government divisions of Tribal Group Plc for a cash consideration of 15.8 million Pounds on a cash-free, debt fr...


UK – Bond sells Abacus to focus on recruitment and HR

11 April 2011

Bond International Software Plc (BDI:LSE), the specialist provider of software for the international recruitment and human resources industries, with operations in the UK, USA, Hong Kong, Japan and Australia, has announced that it has sold the entire issued share capital of its wholly owned subsi...


Spain – Association speaks out against restrictions for temporary employees

11 April 2011

The Spanish Association of Temporary Staffing Agencies (Fedett) has expressed its "deep regret" about the new collective bargaining agreement between unions and employers, which bans temporary employment agencies again from 'high risk' areas such as construction sites and high voltage e...


OECD Countries – Exports sustain GDP growth in Q4 2010

11 April 2011

Real Gross Domestic Product (GDP) in the OECD area grew by +0.5% in the fourth quarter of 2010, according to the latest data published by the Organisation for Economic Co-operation and Development (OECD).Net exports and private consumption were the main contributors partly offset by an unwinding...


Italy – Important merger reshapes Italian staffing market

8 April 2011

Staffing agencies Openjob and Metis have decided to join forces by merging their two operations into one large staffing agency with combined revenues of 450 million Euro.The deal was financed via venture capitalists Wise Sgr and ComarFin. Wise now owns 68% of the shares whilst ComarFin owns 25%....


UK – Highams anticipates increase in revenues

8 April 2011

Highams Systems Services Group Plc (HSS:LSE), the recruitment consultancy and niche provider of technology, business and professional services to the insurance and financial services sectors, has made the following pre-close update for the year ended 31 March 2011:"The group announces that i...


OECD Countries – Structural reforms required for boosting growth and jobs

8 April 2011

Governments must reform the underlying structure of their economies to boost economic growth and create jobs, according to the latest Going for Growth report, published by the Organisation for Economic Co-operation and Development (OECD).OECD Secretary-General, Angel Gurria, commented "the c...