A new venture aimed at creating a community for IT recruiters to share information and business with each other goes live on 1 November.

The Recruitment Exchange Network (REN) is launching on the basis of ‘a split fee is better than no fee’.

Recruiters in IT sales or IT technology in three regions of the UK can post details of jobs they can’t fill, inviting other recruiters to help find the ideal candidate.

The joining fee is £60+VAT, with monthly costs of £65+VAT.