David Fenton, head of microeconomics at Royal Bank Scotland, told attendees: “If there is one area in which we will see a recovery sooner rather than later, it is manufacturing. This will be focused on high valueadded production, rather than nuts and bolts work.”
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Executive search firm Barnes Kavelle has recruited Neha Sharma from its associate office in India to foster closer links with the increasing number of Indian companies with UK subsidiaries.
Sharma joins from Cornerstone India Consulting in Mumbai, which also has offices in Bangalore and Delhi.
Hydrogen’s share prices perked up by 13.6% in just one day after a reassuring statement issued at its AGM. That said, at 50p, its value is only a quarter of its 52-week high.
HCL jumped to 152.25p, a new 52-week high. Empresaria shares gained more than 33% over the two-week period.
Long-term demand for IT security personnel has continued to grow in a tough economic climate.
Nick Stevens, director of multi-sector recruiter Eximius, told Recruiter the sub-sector is recruiting more heavily than any other IT vertical the company is currently working in: “We have about 15 different IT security clients and of that group 12 are hiring,” he says.
HR professionals are among the UK’s most disillusioned employee says the latest Badenoch & Clark Employment Study. Only banking and financial services workers feeling less valued in the workplace.
Only 57% of workers in those sectors feel valued at all, with one in four banking professionals (22%) feeling that they’re easily replaceable.
Recruitment services company Penna has recorded a big increase in profits. Pre-tax profits for the year ending 31 March 2009 were £6m compared with £2.2m for 2008.
Revenue rose to £63.2m compared to £48.6m in 2008.
The company says that its operating margin more than doubled from 4.5% to 9.3%, and that it held £8.9m in cash at the year end.
Capita will have to sell off part of a software business it acquired last year, following an investigation by the Competition Commission.
The Commission says that the merger of Capita and IBS, both of which supply revenue and benefits software, would have substantially lessened competition, and could have led Capita to increase prices or reduce levels of competition.
Southampton-based IT recruiter has bucked the trend of economic hardship, doubling in size in its first year.
The company has moved from its London Road office to a new base at Southampton Science Park in Chilworth, after growing from three to six personnel.
UK industrial output rose unexpectedly in April for the first time since February 2008, official figures have shown.
The Office for National Statistics said output rose by 0.3% from the previous month, compared with forecasts by analysts of just a 0.1% rise.
Manufacturing rose 0.2%, which was also an unexpected rise.
Freelancesupermarket.com, a freelancer comparison website, has launched. The website features real-time league tables of the best candidates and recruitment agencies in different parts of the country.
Freelancers and agencies can vet each other before getting in touch, and can then having worked together can give anonymous feedback.