City bonuses are set rise by 50% to £6bn compared with earlier in the year, according to research by the centre for economics and business research (cebr).
cebr has upwardly revised its April 2009 forecast for bonus payments next year from £4.1bn due to better than anticipated second and third quarter profits for many leading financial institutions.
Online accountancy firm Brookson has appointed search engine optimisation (SEO) firm bigmouthmedia to handle its search marketing activity.
In its first venture outside Europe, interim management provider Practicus is opening an office in Sydney, Australia on 2 November.
The UK’s manufacturing sector has ‘turned a corner’ and showing signs of growth, according to the CIPS/Markit Index for October.
Software provider idibu has agreed a three-year contract with international recruiter SThree.
idibu will provide fully integrated multi-posting software via its new XML feed service and is idibu’s first contract agreement that spans for more than 12 months.
Lloyds Banking Group’s recruitment finance arm has seen an 8% contraction in lending to the recruitment industry. However, there are some cautious grounds for optimism that the worst may be over.
US job openings in September fell 25.9% on a year-over-year to almost 2.5m, according to the US Bureau of Labor Statistics.
The number of hires fell 11% in September to around 4m from 4.5m in the same month last year.
Expatriates continue to dominate the talent pool among Gulf Cooperation Council (GCC) countries, according to a report from regional recruiter TalentRepublic.net.
The report shows that 58% of the workforce of GCC countries, which include Saudi Arabia, Kuwait, Bahrain, Qatar, the United Arab Emirates and Oman, is made up of expats.
A conference call hosted by Barclays Commercial Bank entitled ‘Road to Recovery’ this morning heard Barclays reiterate that commercial loans were available to “good business models”, according to managing director Ian Stuart.
Life science recruiter Hobson Prior has been granted Swiss Cantonal and Federal licences.
The firm will operate through wholly owned subsidiary, Hobson Prior Switzerland. The licences permit the firm to trade fully in Switzerland.