Tower Staff Construction receives Lloyds Bank investment

Tower Staff Construction, the provider of staff for permanent and temporary assignments in the building industry, has taken the business independent and is investing in new premises, with the support of Lloyds Bank.

Wed, 4 Jun 2014
Tower Staff Construction, the provider of staff for permanent and temporary assignments in the building industry, has taken the business independent and is investing in new premises, with the support of Lloyds Bank.

After successfully operating as a specialist construction wing within a number of recruitment firms, managing director Gary McMullen decided to turn Tower Staff Construction into a stand-alone business in its own right in March.

Following an increase in temporary staff placements, the company approached Lloyds Bank for a £250k invoice discounting facility that enabled them to free up cashflow without waiting on payment from clients.

Twitter Twitter

gap Personnel embarks on ‘major’ acquisition drive

UK industrial labour provider gap Personnel Group has hit the acquisition trail in search of staffing companies within the blue collar, industrial and technical sectors.

25 May 2017

UK firms plan to hire more temps in next quarter

UK firms are becoming increasingly reliant on temporary workers, according to the latest data from the Recruitment & Employment Confederation (REC).

24 May 2017

NEW TO THE MARKET: 15-19 MAY

Latest new launches, openings or products within the recruitment industry, including: 2B Interface, Graduate Talent Solutions, LinkedIn, MRL Group, Penrhyn International, Premier Group, Red Eagle, SymbaSync

New to Market 15 May 2017

FINANCIALS: US TrueBlue sees revenue dip 12%

US blue-collar recruiter TrueBlue has seen revenue fall 12% year-on-year, according to first quarter 2017 results.

Financials 2 May 2017
Top