Permanent placements rise to greatest extent since August

Key Points from the November Survey: Permanent placements rise at a quicker pace; Availability of candidates continues to decline sharply; High demand for staff leads to further increases in pay; The unemployment rate remains low. Staff Appointments Rise Further… The growth in permanent placements has reached a three-month high across the UK. The rise has been attributed to an increased demand for staff and company expansion plans. The number…

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Concern about Compliance with MiFID II

Concern that over one third of financial services are unsure if they are MiFID II compliant What is MiFID II? MiFID II is an EU Directive which comes into force January 3rd 2018. Its purpose is to offer greater protection for investors and create greater transparency in all asset classes: from equities to fixed income, exchange traded funds and foreign exchange. How will it affect investment decisions? The legislation…

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Brexit: A Ticking Time-Bomb for London’s Financial Industry?

Brexit: A Ticking Time-Bomb for London’s Financial Industry? Fears are escalating as there are concerns that Britain’s vote to leave the EU in 2019 will harm one of its most successful industries… The Impact of Brexit on the Financial Sector The industry is crucial to Britain’s economy, accounting for 12% of Britain’s economic output and paying more tax than any other industry. Roughly one-third of the transactions within this…

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Business Quick Stats..

A Snapshot of Statistics from Recent Months 84% of small businesses have no official ransomware policy. Staff are put at risk of cyber attacks…. 92% of cyber attacks suffered by UK businesses were targeted at connected devices such as networked security cameras…. 5 million working hours are lost every week by small businesses due to everyday IT issues…

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Continued high demand leading to key shortages and increasing salaries…

Key August points Permanent placements rise Demand for staff increases at fastest rate since April 2015 Candidate availability declines at quicker pace, pushing pay rates higher Commentary: Employers are finding it harder to find the people to fill the jobs available. In many areas of the jobs market candidate supply cannot meet demand. Employers are having to offer more money to secure the people with the skills they need….

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Market News – Existing skills shortages are being exacerbated by Brexit.

Key points from the June : Permanent placements continue to rise markedly Availability of candidates continues to decline sharply Growth in permanent placements moderates, while temp billings rise at faster pace South of England sees the quickest drop in candidate availability of all UK regions Pay pressures intensify & Starting salaries increase at quickest pace for just over a year-and-a-half With fewer people currently looking for jobs, employers are…

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Permanent placements see stronger growth in October

Key points from the October survey: Permanent placements growth reaches eight-month high  Demand for permanent candidates at its highest since May Decline in staff availability Despite ongoing uncertainty the UK jobs market is thriving again in most areas of the UK. Job vacancies are back to levels not seen since April, and for the third consecutive month recruiters have reported an increase in the amount of people finding permanent…

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Quick stats

Pensions uncertainty Almost half of business owners without a workplace pension scheme are still unclear about their responsibilities, with a quarter not confident their business can cope. and FSB pole has found… 26% The proportion of small firms that say they would recommend their bank to others – up from 23% in 2014. £255bn The amount owed by British small firms in late payment according to insurance firm Zurich.

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Report on Jobs: South (ex London) – March 2016

Key points from February survey: Slower demand growth and less marked drop in supply of permanent candidates… …results in weakest rise in salaries for new starters since October 2014 Growth in temp billings remains relatively subdued Staff Appointment:  Growth of permanent placements remains below 2015 trend Recruitment agencies in the South of England reported a further rise in full-time appointments in February. The rate of growth remained above the…

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