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UK – Bond slips to post-tax loss

5 April 2011

Revenues declined slightly to 32,372,000 Pounds compared with 32,537,000 Pounds in 2009 at Bond International Software Plc (BDI:LSE), the provider of software, hardware and related support services to the recruitment and Human Resources industries.

The group's gross margin fell from 91.9% in 2009 to 87.5%...

Germany – Minister wants to cut subsidies for companies which employ too many agency staff

5 April 2011

The Business Minister of the Federal State of Thuringia (Thüringen), Mathias Machnig (Social Democrat) has announced his intention to reduce investments subsidies or cut them altogether for companies which hire "too many agency temporary employees".

Under the proposals, employers with agency...

Italy – Agency temporary employment up +26.1% y-o-y

5 April 2011

The seasonally adjusted sum of wages paid to agency temporary employees was up by +26.1% in February 2011 compared to February 2010, according to the latest data published yesterday by the bilateral organisation for temporary employment representing employers' associations and unions (Ebitemp).


Belgium – Staffing industry revenues up +14.7% to 3.8 billion Euro

5 April 2011

Revenues generated by staffing agencies were up by +14.7% to 3.8 billion Euro in 2010 when compared with 2009 according to the 2010 Annual Temporary Employment Report published yesterday by the Federation of Employment Partners (Federgon).

The number of agency temporary employees was up by +6.7% from...

UK – Government to look at indemnity clauses in guidance on AWR

5 April 2011

The government has vowed to look at the issue of indemnity clauses, which shift liability for claims brought under the Agency Workers Regulations (AWR) from end users to recruiters, in the guidance notes on the AWR, according to the Association of Professional Staffing Companies (APSCo).

The Department...

UK – Spending cuts increase likelihood of industrial action

5 April 2011

71% of employers agree that there will be increasing levels of industrial action in the next 12 months and 33% predict strike action by their staff is likely, according to a survey of nearly 400 employers by the Chartered Institute of Personnel and Development (CIPD).
The Employment Relations...

UK – Disappointing economic survey results

5 April 2011

The British Chambers of Commerce's (BCC) latest Quarterly Economic Survey (QES), released today suggests that while the UK economy has returned to positive growth, the disappointing results highlight the fragility of the recovery. The Q1 survey, combining 6,000 responses from businesses across the UK,...

UK – Financial services see strong growth in Q1 2011

5 April 2011

The UK financial services sector saw activity grow strongly for the third quarter in a row, in the three months to March 2011, according to a new Financial Services Survey published by the Confederation of British Industry (CBI) and financial services firm PwC.

Firms considered the level of their business...

UK – Norman Broadbent CEO retires

5 April 2011

Andrew Garner, aged 66, has advised that he wishes to retire from his position of group chief executive at Norman Broadbent, the executive search firm, with immediate effect but will maintain a position on the board until the AGM, which is expected to be held in late May.

Garner will continue to work...

UK – Price fixing fine for construction agencies hugely reduced

4 April 2011

Staffing firm Hays Plc notes that the Competition Appeal Tribunal (CAT) has announced its judgement in respect of Hays' appeal against the level of the fine imposed by the Office of Fair Trading (OFT) in September 2009.

The CAT has reduced the fine from 30.36 million Pounds to 5.88 million Pounds, deeming...