The manufacturing sector continued to be battered by the recession but the service sector has shown some grounds for optimism, according to a new report from the British Chamber of Commerce (BCC).
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Directors and senior managers at Spring have received share options together worth more than £1.8m at today’s share price (38.7p), under the group’s long term incentive plan.
Impellam Group has launched an investigation into one of its subsidiaries, and raised concerns that its earnings before tax have been overstated by a total of £5m in 2008 and in previous years.
The government has been urged not to ignore the retail sector, ahead of tomorrow’s Budget.
The call follows state bail-outs of both the banking and automotive sectors and claims from recruiters that the chancellor’s VAT cut had not boosted the sector (Recruiter.co.uk, 15 April).
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The number of recruitment agencies that are in administration or administrative receivership increased marginally in March.
Company monitoring service Business Sales Report recorded nine administrations in March, compared to eight in February and 17 in January.
IT recruiter First Point Recruitment billed more in April than the first three months of the year combined, after targeting niche skills and developing existing clients.