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Europe – GI Group acquires Eastern European operations of Grafton

1 October 2018

GI Group announced last week that it acquired Grafton Recruitment Europe Holding Limited, a staffing provider with a presence in the Czech Republic, Poland, Slovakia and Hungary.

Grafton has 26 offices in Europe with more than 350 employees and place 9,000 candidates in 2017, according to the announcement....


UK – Union says 49% of self-employed earn less than minimum wage, IPSE disagrees

1 October 2018

The UK’s Trades Union Congress said on Friday that 49% of self-employed adults in the UK over age 25, some 2 million people, are earning less than minimum wage, and the government must do more to fight sham self-employment. But the Association of Independent Professionals and the Self-Employed, or...


Europe – Eurozone jobless rate edges down in August, still at lowest since 2008

1 October 2018

The jobless rate for the 19 countries in the eurozone fell to 8.1% on a seasonally adjusted basis in August from 8.2% in July and 9.0% in August 2017.

Overall, in the 28-country European Union, the unemployment rate was 6.8% in August, unchanged from July, and down from 7.5% in August 2017.

The jobless...


UK – Talent consultancy Elements receives £3.5 million investment

1 October 2018

Elements Talent Solutions, a talent acquisition consultancy, received a £3.5 million investment from Business Growth Fund, an investor in small and medium-sized companies. Elements will use the funds to accelerate its growth across Europe, the US and the Asia-Pacific region.

Elements “embedded model”...


UK – Deliveroo revenue rises, but pre-tax loss increases (Reuters)

1 October 2018

Reuters reported that Deliveroo, a London-based human cloud/delivery firm, saw revenue increase to £277 million in 2017 from £128.5 million in 2016. However, the company’s pre-tax loss rose to £184.7 million in 2017 from £129.1 million in 2016. Staffing Industry Analysts ranks Deliveroo as the...


Poland – Work Service reports losses in H1, sells Hungarian subsidiary Prohuman

1 October 2018

Work Service (WSE:WSE) the Polish staffing, RPO, and outsourcing company reported revenue of PLN 1.04 billion (€244.8 million) for the first six months of 2018, an increase of 2% compared with the same period last year.

Revenue growth was mainly due to the positive results in the Polish, Hungarian,...


World – ManpowerGroup management meeting: Europe growth down, but not out

1 October 2018

ManpowerGroup CEO Jonas Prising and CFO Jack McGinnis held investor meetings last Friday, hosted by JP Morgan, in which the company discussed a broad range of topics including European sentiment, the prospective US turnaround and tech & touch investments being key discussion points.

ManpowerGroup...


UK – Norman Broadbent reduces losses as revenue climbs

1 October 2018

Executive search and recruitment firm Norman Broadbent (NBB: LSE) announced its unaudited interim results for the six months ended 30 June 2018 with group revenue of £4.66 million, an increase of 42% from £3.29 million last year.

(£ millions) H1 2018 H1 2017 Change
Revenue 4.66 ...


UK – Staffline Group acquires Passionate About People

1 October 2018

Staffline Group (STAF: LSE), the UK-based staffing and employability organisation, announced that it has acquired the entire issued share capital of Passionate About People.

Passionate About People was established in 1998 and comprises two companies: Omega Resource Group Limited, a UK provider of blue-collar,...


UK – Outsource UK revenue and net fee income rises in 2018

1 October 2018

Outsource UK, a UK-based technology, change and engineering staffing specialist firm, reported revenue for the financial year ended 31 May 2018 of £78.2 million, an increase of 9% when compared to the same period last year. Net Fee Income for the period grew by 11% with a 4% increase in EBITDA.

The company...