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More clients of agencies in certain sectors are trying to fix a price for work in advance. Ben Jones looks at the implications for recruiters

IT contractors and recruitment agencies have been at loggerheads for some time, with each feeling let down by the other.

The Olympic Delivery Authority says the bill for headhunters and recruitment consultants since London won the bid in July 2005 is £511,640.

UK workers reap about £1bn from 'expense claims', says budget hotel chain Travelodge. The 4,000 person survey showed 22% of workers, or 6.3m people, "admit they regularly fiddle their company expense claims", Travelodge said.

World Careers Network (WCN) said costs had risen in the second half of the year as a result of the additional staff it has hired.

Sales for the year to 31 July rose to £3.72m, up 30% on a year earlier. Profit before tax was £1.02m, up 70%. WCN's headcount rose to 64, from 44. The firm said it may rise further, to 80, by the end of the current financial year.

Will Lloyd director, The Sports Recruitment Company
Recruiters who like to know their building's history will not be disappointed at Spring Group. In the reception area of the firm's headquarters at Bouverie Street, London, are all the details you need to know. It was, apparently, built over a cemetery owned by White Friar monks in the 13th century.
Diary of DeeDee Dokem editor Recruiter magazine.

Trading updates issued by recruiters at the end of the year were mostly positive, boosting shares. Hays was among this group, and there were also largely-dismissed rumours it would attract a takeover bid of 220p a share from Adecco.

IT recruiter Harvey Nash rose after a trading update for the year to 31 January said results would be ahead of forecasts. The shares have doubled in just over a year but are still only worth about 10% of the price at which they peaked in the year 2000. Rival SThree slipped back slightly, ahead of its annual results, due on 7 February. This marks the start of the reporting season.

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