Recruitment services firm the Work Group is planning to trade its shares on the AIM London Stock Exchange from next month.

The company, which was founded in 2000, is hoping to raise about £7m from the move. The Work Group has grown rapidly over the last five years and was listed eighth in the latest Sunday Times Fast Track 100 survey.

The group employs 190 staff at six offices across the UK. Executive chairman Simon Howard said the move would give the firm more “financial flexibility”.