According to insolvency trade body R3, 8% of UK businesses are only able to pay the interest on their debts, never reducing the debt itself.
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The interim market is stabilising and is now firmly focused on growth, according to the latest survey by interim management provider Russam GMS.
The talent management consultancy arm of consulting and executive search firm Jackson Samuel will move to management, IT and technology consultancy firm PA Consulting Group on 3 September.
A new report from trade body Food and Drink Industry Ireland (FDII) suggests that 30,000 new jobs could be created by 2020 if the industry is sufficiently well supported by the government.
Nursing and care staffing specialists Nurse Plus has seen a management buy-out worth £15m.
Senior consultant Caroline Naughton has returned to specialist HR recruitment firm Oakleaf Partnership following a sabbatical from the company where she was writing a novel.
Engineering, manufacturing and maintenance firm Tiburon Associates will create 350 jobs and open a new facility at the National Guard’s Camp Minden.
A new auto plant operated by Volkswagen Group company Shanghai Volkswagen (SVW) in partnership with Chinese carmaker SAIC Motor Corporation will eventually create 3,700 jobs.
Indian shooter Gagan Narang must have been doubly satisfied with the bronze medal he won in yesterday’s 10m Air Rifle event at the Olympics – his country’s sports minister Ajay Maken offered him a job as a result.
Angolan rail operator Moçamedes Railways Company is to put out a public tender in August for works that will create at least 500 new jobs.