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Forum of Private Business (FPB) members can now access a free business rates appraisal service.

The service is in response to fears that small businesses will be forced to pay inflated rates bills for five years, according to a recent FPB survey.

HR recruiter Digby Morgan has reported increased turnover and profits in its results for the year ended 31 December 2008.

Turnover increased to £12.4m, up from £4.48m in 2007.

Gross profit grew from £4.35m to £6.5m, while operating profit was £1.98m and profit for the financial year was £2.5m, from £771,299 in 2007.

David Howell, one of the co-founders of financial recruiter EM Group, has bought back the business. Howell previously sold the firm to IHR Group in March 2007.

As an independent, the firm will cater for its core markets of consulting, financial services and finance from its base in Green Park, Central London.  

Health and social care staffing agency Pulse Healthcare has agreed a new £15m asset Based Lending (ABL) facility from KBC Business Capital, the specialist ABL division of Belgian banking group KBC Bank.

Consisting of a revolving accounts receivable facility, the funding will finance working capital to grow the business.

Roger Philby on Adversity - the mother of all invention? Lord, I hope so!

Executive search firm Ellis Fairbank went into administration at the end of last month. In an exclusive statement to Recruiter, director Harry Cross confirmed that the company went into administration on 29 September 2009. “Despite all our efforts we could not keep it viable in the current market. There will be no buyout and no ongoing business.

Civil servant roles are likely to bear the brunt of public sector job cuts, according to Chris Williamson, an economist at Markit.

Office for National Statistics’ provisional estimates of the public finances show that in September 2009 the public sector has:

• a current budget deficit of £11.3bn

• net borrowing of £14.8bn

Job satisfaction is plummeting among UK workers, according to the CIPD’s latest quarterly Employee Outlook survey.

Specialist financial services search firm Execuzen has appointed Bill Allum as a managing director for Central Europe, Middle East and Africa regions across all product areas.

September saw the biggest month-on-month improvement in business payment trends since December 2007, according to the latest Late Payment Index from global information services company Experian.

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