The United Kingdom is the oldest staffing market in Europe and the largest market in terms of size (by sales). It is highly fragmented with some 15,000 firms. Many of the most recognisable UK-based providers such as Hays, Michael Page and Robert Walters have now spread around the world.
Temporary agency work is treated as a service sector in its own right and, in the UK, was one of the least regulated markets in Europe. However, in recent years the implementation of the European Agency Work Directive has increased the degree of control. There are two principal associations representing the interests of the staffing industry: the Recruitment & Employment Confederation (REC) and the Association of Professional Staffing Companies (APSCo).
The UK, a leading trading power and financial centre, is the third-largest economy in Europe after Germany and France, and the seventh-largest in the world. In addition to a flexible labour market, the country is pro-business and open to foreign investment. The population is over 60 million and the nation is placed seventh in the World Bank’s ‘Ease of Doing Business’ ranking.
% . The UK gap is 21.4%, German 23.2%, France 19.2% and the Netherlands 23.6% (see below). The European Commission plans to use a series of measures aimed at significantly reducing this.
In the second half
be treated with a note of caution.
For those interested in general M&A activity in Europe Mergermarket's Intelligence highlights activity in the UK in Transport Media and Telecoms and in Germany and Eastern
Please follow the link for the February Legs and Regs briefing produced in association with the Ius Laboris legal network which covers important changes in the UK and Belgium this month. For Members ...
1.UK - Agency
Activities" or NAF code, revision 2, which replaced NAF rev. 1, created in 2003. These codes are designed very much like the UK SIC or US NAICS code to designate a company's main activities. Following the NAF
and there will be an opportunity for the industry to have input on the guidance. "
For those concerned about the instrument Iain Newton at the Department for Business, Innovation and Skills, telephone: 020 7215 0175 (email: firstname.lastname@example.org
Belgium, EU, France, Germany and the UK this month.
... -time/Time-Limit Act (Teilzeitbefristungsgesetz - TzBfG) in Case of Leasing of Former Employees from Staffing Firms
UK - Proposed amendments to legislation governing staffing firms