SYK Recruitment Specialists among the 400+ recruitment agencies that went bust last year recruitment Insolvencies of UK recruitment agencies have increased by 14 per cent in the last year to 413, as the sector struggles with the slowdown in the hiring market across the country.
Robert Walters: Share price plunges for recruitment giant after warning of ‘significantly’ lower profits Jobs market Global recruitment agency Robert Walters shares nosedived this morning when markets opened as the staffing firm warned that its profits for the year would be “significantly” lower than previously anticipated. Shares in the London-listed recruiter plunged by 15 per cent, however they have now clawed back to around 13 per cent, as the group posted [...]
Pagegroup: Recruiter cuts headcount as hiring slump spurs profit slide Business The FTSE 250 firm said the figure dropped by 12.8 per cent to £219m. Its fee earner headcount was also down by 100 on last year's figures to 5,751.
Unions win court fight with government over agencies filling in for strikers July 13, 2023 Unions have won a High Court fight with the government after challenging law changes they said let agencies supply employers with workers to fill in for striking staff. More than 10 unions, including Aslef, Unite and Usdaw, had taken legal action against ministers claiming the changes undermined the “right to strike”. They argued that the [...]
Markets await March inflation data for new signals on interest rate cuts April 14, 2024 Analysts expect the headline rate of inflation for March to ease to 3.2 per cent from 3.4 per cent, when new figures are published this week.
Explainer: High Court rules agency workers regulations during strikes unlawful July 13, 2023 Companies will be prevented from hiring agency staff to fill in for striking workers, the High Court ruled today in a further blow to Rishi Sunak’s government. From August 10, employers won’t be able to recruit agency workers to fill in for striking employees. The regulations were first introduced last summer, amid a wave of [...]
London fintech vacancies rise 88 per cent as banks look to stay ahead of curve April 8, 2024 London is known for its global fintech hub status, with success stories in the sector including Monzo and Starling.
Most employers believe four-day working week will be the norm before 2030 August 3, 2022 The majority of employers believe that a four-day working week will become the norm in the UK before 2030. According to a survey conducted by Censuswide on behalf of NatWest Rapid Cash, 78 per cent of employers believe it will happen by the end of the decade while 52 per cent of recruiters said it [...]
Doctors must be paid more, but money alone won’t solve the NHS’s recruitment woes January 2, 2024 The NHS's cumbersome recruitment process must be reformed if we are to fix our broken healthcare system, writes Jonathan Evans.
‘I don’t feel any guilt’: Eddie Jones insists he didn’t go for Japan job while Australia boss December 14, 2023 Jones is due to start his second stint as Japan coach in January.