200%+ increase in new recruitment agencies in 2019

Around eight and a half thousand new recruitment agencies set up shop in 2019, according to recruitment finance and back-office tech provider Sonovate.

The data, extracted from Companies House, reveals 8,456 new recruitment agencies launched in 2019 – a 230% increase in the number of recruitment companies launched in 2010, when 2,556 were set up.

Most agencies registered in 2019 were based in Greater London and the South-East, followed by Birmingham, Leicester and Manchester.

Commenting on the data, Sonovate co-CEO Richard Prime said: “It’s great to see the recruitment industry in such good health, despite the uncertainty surrounding Brexit that has dominated the last year.

“The UK is a nation of entrepreneurs, and small, nimble recruitment specialists have come to dominate the market due to lower start-up costs, better access to finance and a more connected world.”

• Comment below on this story. You can also tweet us to tell us your thoughts or share this story with a friend. Our editorial email is recruiter.editorial@redactive.co.uk

SPE Resourcing supplies interims to support hospitality and retail firms reopen

From today (1 June), SPE Resourcing is supplying interim candidates to support businesses in the hospitality and retail sectors.

1 June 2020

The latest Recruiter issue is out and up online

It’s 1 June – time to pick up your brand-new issue of Recruiter!

1 June 2020


This week’s new launches include: Ruiter

New to Market 1 June 2020

DWP's job portal is free-to-post

Employment minister Mims Davies is calling on employers to advertise their job vacancies at no cost on a recently launched portal.

New to Market 29 May 2020