Small-tier accountancy firms facing worst talent crisis in years September 2, 2025 Small to mid-tier accountancy firms are facing “serious” barriers to growth due to staffing shortages, according to a damning new report into the sector. According to figures from outsourcing specialists Advancetrack, 94 per cent of firms say recruitment issues are now holding back growth, forcing them to outsource work overseas. These figures represent an increase [...]
Hays slashes dividend as profit plummets August 21, 2025 Hays reported drops across most of its financial lines as the group battles a challenging hiring market, forcing it to reduce its final dividend for shareholders.
PageGroup profits slide as UK recruitment slowdown bites August 12, 2025 Recruiter PageGroup has posted a sharp drop in first half profits as subdued hiring across the UK and Europe weighed on performance, but the group stuck to its full year targets and pledged to press ahead with cost cuts. The Surrey-headquartered FTSE 250 firm saw operating profit tumble to £2.1m in the six months to [...]
One bad apple: The rise of partner vetting at law firms August 7, 2025 In a highly competitive market, law firms are ramping up their vetting process for new partners to avoid issues down the line
Debate: Is the civil service’s working class internship scheme a step forward? August 6, 2025 As of October, the civil service's main internship scheme will be restricted to applicants from a working class background. Is this progress?
Losses double at global recruiter despite sales passing £2bn August 5, 2025 Losses at a UK-headquartered global recruitment giant more doubled despite its revenue passing the $3bn (£2.2bn) mark during its latest financial year. Altrincham-headquartered NES Fircroft has posted a pre-tax loss of $67.7m for the 12 months to 31 October, 2024, according to new accounts filed with Companies House. The loss comes after the business also [...]
Robert Walters plunges into loss amid challenging hiring market July 31, 2025 Robert Walters generated nearly £8m in losses over H1 of 2015 as the firm grapples with a 'challenging' hiring market that resulted in rounds of redundancies.
UK sees ‘small burst’ in hiring in sign of growth July 24, 2025 The UK labour market saw a “small burst” in demand for jobs in June but postings remain below levels seen last year, fresh data has found, with brutal tax rises introduced in April by Chancellor Rachel Reeves weighing on employers. In new jobs figures published by the Recruitment and Employment Confederation (REC) and Lightcast, the [...]
Robert Walters: Recruiter’s income slumps as tariff pressures bite July 15, 2025 Recruiter Robert Walters took a hit to income in the second quarter of 2025 as economic pressures weighed on hiring. The group recorded a 13 per cent slump in net fee income to £72.7m as “macroeconomic uncertainty became more pronounced”. Fee income from specialist professional recruitment fell 14 per cent to £60.7m. Meanwhile, recruitment outsourcing [...]
Demand for financial advice surges for time-pressed City workers June 30, 2025 City workers facing a time-pressed epidemic often lack confidence in their financial situation, resulting in businesses seeking external financial advice