News

Recruitment industry can be part of welfare reform discussion

The Department of Work and Pensions has this week unveiled a consultation on proposals to move away from fixed cash benefit system towards tailored support.

30 April 2024

IBM survey finds UK business leaders expect 25% of workforce need to retrain

An IBM survey has found that a large number of UK respondents expect roughly 25% of the workforce would need retraining as a result of artificial intelligence (AI).

APSCo launches manifesto to beat the skills crisis

The Association of Professional Staffing Companies (APSCo) has launched its manifesto, calling on political parties to boost the UK’s economic growth by strengthening the labour market.

30 April 2024

UK fraud prevention service reveals rise in dishonest conduct by new recruits

Data sent to Cifas has revealed an increase in new recruits committing dishonest conduct against employers.

IT/Telecoms 30 April 2024

Xcede Group’s SMART4 Energy joins nGAGE Talent

Privately-owned UK recruitment group nGAGE Talent has acquired the South African operation of Xcede Group.

Stafforce appoints Platt to power ports in the UK

Workforce solutions provider Stafforce has promoted Tim Platt (pictured) from head of ports to brand director for ports in the UK.

Skills gaps remain in financial services, says new report

Recruitment pressures have eased but challenges remain, according to the Financial Services Skills Commission (FSSC) Future Skills Report 2024.

Horton International welcomes Drake Darcy to group

Global executive search and management consultancy firm Horton International has welcomed Drake Darcy to the group.

Ford & Stanley makes the Wright move at Talentwise

Ford & Stanley Group has promoted Richard ‘Ricky’ Wright to head of sales for Talentwise, the blue-collar skilled and semi-skilled business area of the group’s recruitment arm.

APPOINTMENTS: 22-26 APRIL 2024

This week’s appointments include: Matrix, ourHRpeople

PeopleHR 25 April 2024

NEW TO THE MARKET: 22-26 APRIL 2024

This week’s new launches include: Flowlio, Hays, The IN Group

Two US locations offer a new Scene for tech recruiter

London-based Scene, a specialist tech recruitment and growth consultancy, has announced the opening of two new US offices in New York and Los Angeles.

New to MarketIT/Telecoms 19 April 2024

Government update on bad umbrellas “underwhelming”

Industry commentators have dismissed yesterday’s promise to introduce a statutory due diligence requirement later this year as “a big fat nothing burger”.

Legislation 19 April 2024

FINANCIALS: Hays cites ‘challenging’ conditions on quarterly results

Challenging market conditions were cited by global recruiter Hays as the company saw a 14% fall in group fees year-on-year with actual net fees dropping by 17%.

Financials 17 April 2024

FINANCIALS: Gattaca report showcases key initiatives delivered in first half of 2024

Specialist engineering recruiter Gattaca has reported a net fee income (NFI) of £19.7m, down 13% year-on-year in interim results for the six months ended 31 January 2024.

Financials 17 April 2024

Recruitment Apprentice Edwards gains massive experience from process

Entrepreneur Lord Sugar’s £250k investment won’t be heading to a recruiter on this year’s BBC reality show The Apprentice.

APSCo appoints Torr and Hart in senior roles

The Association of Professional Staffing Companies (APSCo) has appointed two new senior hires to support member services and events.

People 17 April 2024

British Airways Speedbird Pilot Academy programme opens for new applications

British Airways has opened the application window for the second year of its fully funded Speedbird Pilot Academy cadet scheme yesterday [16 April, 2024].

Hospitality recruitment drive to fill 50 roles in luxury Scottish hotel

Crossbasket Castle, a luxury hotel on the outskirts of Glasgow, is set to create 50 new jobs in the hospitality industry.

Hospitality/Leisure 17 April 2024

FINANCIALS: PageGroup profits down as clients’ recruitment budgets tighten

PageGroup has reported “financial deteriorations” across all geographies except India today [15 April 2024] as ongoing market conditions continue to challenge the global recruitment company.

Financials 15 April 2024

Rise in insolvencies for recruitment agencies

Insolvencies of UK recruitment agencies have increased by 14% in the last year from 363 in 2022/23 to 413 in 2023/24.

15 April 2024

APPOINTMENTS: 15-19 APRIL 2024

This week’s appointments include: Oakleaf Partnership

CONTRACTS & DEALS: 15-19 APRIL 2024

This week’s new contracts & deals include: Oleeo, Randstad, Sirona Medical, Workday

NEW TO THE MARKET: 15-19 APRIL 2024

This week’s new launches include: LinkedIn, Peak 72

MSP firm Abacus Group welcomes D’Ambrosi on board as new CEO

Abacus Group, a managed services provider to alternative investment firms, has appointed Anthony J D’Ambrosi as its new CEO.

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