May news …Rise in Vacancies…Drop in candidate availability.

Key Points: Continued rise in permanent placements; Growth of demand for staff picks up for the first time in nine months; Steeper decline in candidate availability triggers greater rises in pay. Permanent placements… There has been an increase in permanent placements but the rate of expansion in April was the softest witnessed in 2018. The growth of placements was underpinned by a further substantial rise in demand for staff…

Share this page:

Read More

Inflation Remains at a Record High Amid Candidate Shortages

Key Points from the February Survey: Softer rise in permanent placements High levels of candidate shortages amid high starting salaries Softer rise in staff vacancies Softer rise in permanent placements… The number of people placed in permanent jobs increased in February although at a slower rate than January’s recent high. The continued increase has  been attributed to a strong demand for staff and a greater willingness among candidates to…

Share this page:

Read More

Market update: Salary inflation hits 31 month record!

Key Points Strong rise in recruitment Starting salary inflation hits 31-month record alongside lack of candidate availability; Growth of demand for candidates declines slightly but still remains high. Sharp Increase in Permanent Placements Permanent placements have continued to rise each month for the past year-and-a-half. This growth has been linked to a greater demand for staff, although some panellists suggest that improved decision-making has also been a factor. Increase…

Share this page:

Read More

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…

Share this page:

Read More

UKEF to Help UK SME’s Access Financial Support

UK Export Finance (UKEF), on Monday 16th October 2017, announced that it has launched a new partnership with five renowned high street banks – Barclays, Llyods, HSBC, NatWest and Santander – to provide SMEs with access to millions in government-backed trade finance. What is UKEF?  UKEF, as part of the Department for International Trade, provides financial support to help UK companies sell to international customers. What are the implications…

Share this page:

Read More

August’s Job Market Report

Growth of staff appointments falls further… Although permanent placements continued to rise in August, the rate of growth eased further, hitting a 27-month low. …restricted by skill shortages The availability of candidates for permanent roles fell further in August, with the rate of decline accelerating to the sharpest for a year. Salary growth remains strong… Starting salaries for people placed in permanent roles continued to increase in August. The rate…

Share this page:

Read More

The Week in Numbers – 14th September

The Week in Numbers – 14th September 50% – Rise in protection sales reported by LV= in the first half of the year. Total life sales hit £869m, with profits of £12m £8bn – Size of Jupiter’s Merlin fund range. Jupiter’s John Chatfield-Roberts has stepped down as CIO to focus on managing the funds 2.83% – Average interest rate on gross mortgage advances in Q2, the lowest figure on…

Share this page:

Read More

The Week in Numbers – 5th August

The Week in Numbers £40K – Amount lost by Yorsipp member who complained to the Pensions Ombudsman claiming due diligence failures. The complaint was thrown out last week. Up to 30% – Estimated hit to fund flows to pension providers if the Government radically reforms pension tax relief £20m – Level of redress Cash Genie has agreed to pay 92,000 customers following a deal with the FCA Five –…

Share this page:

Read More

The Week in Numbers 11th June

The Week in Numbers – 11th June 2015 8.7% – Year on year rise in the number of loans approved in April, from 105,394 to 114,628 according to the Bank of England 193% – Year on year increase in the number of people using an equity release plan to pay off their interest-only mortgage, from 78 in April to 229 this year, Age Partnership says £4.3m – Money lost…

Share this page:

Read More