Posts tagged with ‘economy’

UK economy set to hit pre-recession peak by summer

UK-economyAfter six bleak years, news that the UK economy is set to hit its pre-recession peak by this summer is enough to merit a public holiday. Business confidence is rising along with recruitment plans in the wake of the British Chamber of Commerce (BCC) announcement that gross domestic product (GDP) in the second quarter of 2014 will hit the level seen.
Read more

Infographic – Recruiting for today’s public sector

TJ-Public-Sector-InfograpicFollowing the massive austerity cuts to thousands of public sector jobs, we ask, are the reforms realistic or have those plans been scuppered by the depletion of the civil service workforce? Totaljobs asked over 1,600 public sector professionals to get their opinion, and while 62% of public sector HR staff believe that there is a major skills shortage in many areas.
Read more

City jobs up 25%

city-jobsSpecialist financial recruitment firm Astbury Marsden recently released a study that revealed that the number of London city jobs increased by 25% last month compared with a year ago. The report comes after the UK economy grew by 1.8% in 2013, its fastest pace in six years and the clearest sign yet that a recovery is actually underway. It’s not something.
Read more

Business confidence at record high

business-confidenceWhile large swathes of the country were under water a couple of weeks ago, it’s not dampening business confidence according to the accountancy industry body the ICAEW. A survey for the association, produced by accounting giant Grant Thornton, found that business confidence has now increased for six quarters in a row. This is echoed by reports from fellow accountants BDO. It’s.
Read more

The UK unemployment rate drops again

unemployment-rateWith the UK unemployment rate dropping quickly to 7.1%, in the three months to November 2013, there is a strong case for optimism in the jobs market. Roughly 30.15 million people are now in work, an increase of 280,000 in the last quarter – the biggest increase since records began in the 1970s. As we went to press, however, this month’s.
Read more

UK set to be the fastest growing economy in the West for 2014?

economyAccording to the UK Business Confidence Monitor, Britain is set to be the West’s fastest growing economy at the beginning of 2014. The report which is produced by accountants Grant Thornton and the Institute of Chartered Accountants in England and Wales (ICAEW), hit +24 during the third quarter, the highest reading since the second quarter of 2010. The ICAEW now.
Read more

House construction activity at a near 10-year high

house-buildingThere’s a rosy hue around the construction industry, following recent reports that it is no longer one of the weakest links in the economy and is enjoying significant growth at last. According to the number-crunchers, the Markit/CIPS Construction PMI for October rose to 59.4, up from 58.9 in September. In short, this means growth, and the highest recorded increase in the.
Read more

UK services sector growth reaches 16-year high

mechanicThe UK services sector, which accounts for around 75% of the UK’s economy, ended its strongest quarter in more than 16 years with a solid display of growth in September. The suggestion now is that the economy is approaching the same momentum it had pre-2008. The latest batch of impressive figures came from the Markit/CIPS Purchasing Managers’ Index (PMI) for services,.
Read more

Construction & Manufacturing boost hints at economic recovery

constructionAccording to the latest figures from the Office of National Statistic, British GDP grew 0.7% in the second quarter of 2013, helped in part by the turnarounds in manufacturing and construction. In light of this, some economists have even gone as far as to predict that growth could pick up to more than 1% in the July-September period, strengthening the.
Read more

Area focus: Wales pt. 2

welsh-valleyPart 1 of this area focus was based on the challenging, but generally upbeat state of the Wales region in comparison with the rest of the UK. We found that although unemployment had increased slightly in the past year, and there had been some significant job losses, new opportunities were also being created. The Office of National Statistics reveals that like.
Read more