Recruiter says UK recovering its confidence

Marion Dakers
ROBERT Walters said yesterday British companies are becoming more confident about hiring white-collar staff – but London is proving the exception, as financial services firms shy away from big decisions.

The firm, which posted a nine per cent rise in quarterly net fee income to £49.7m yesterday, said UK income was up 18 per cent on a year ago at £15.1m.

The firm’s chief executive Robert Walters told City A.M. that confidence was returning to the UK but that “it’s not quite putting up the bunting and popping the champagne just yet”.

London firms have made small increases in temporary hiring, but permanent roles, particularly in the City, show no signs of growth, he added.

Quarterly fees from Asia Pacific were down seven per cent but Europe grew by the same degree.

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