Services sector rebound expected to help economy limp towards growth Economics Rachel Reeves is set to breathe a minor sigh of relief at the sight of new economic data this week with the UK economy expected to have limped towards growth in December. A survey of City economists by Bloomberg had projected a 0.1 per cent expansion in December and 0.2 per cent for the fourth-quarter. [...]
‘Subdued’ services sector suffers steep drop as tax hikes bite Economics Business activity expansion fell to a five-month low after a “subdued” services sector experienced a dull end to the third quarter. S&P’s UK Services Purchasing Managers Index Business Activity tumbled to 50.8 in September, falling steeply from the 16-month high of 54.2 secured in August. “This summer’s acceleration in output growth is now looking like [...]
Org Group acquires UK tech recruitment firm in global expansion Tech Multinational professional services firm Org Group has acquired Manchester-based technology recruitment firm Venturi, in a strategic move that expands its presence in Germany and the US, and strengthen its capabilities in digital talent acquisition. The acquisition bolsters the group’s growing portfolio, adding Venturi’s tech expertise to a business that already includes global talent from Morgan [...]