The UK economy grew by just 0.7% in the past year, according to the Organisation for Economic Co-operation and Development (OECD).
This makes the UK the worst performing economy in the group of seven developed nations (G7) apart from Japan.
The best performing G7 economies were Germany, with growth of 2.7%, followed by France and the US, both 1.6%.
Experian’s latest Insolvency Index has revealed that the largest companies in the country — those employing 501 or more employees — experienced a year-on-year drop in insolvencies in July 2011.
Figures from the global information services company reveal 13% fewer large firms failed during July 2011 compared to July 2010.
Recruitment-to-recruitment firm Qui Recruitment has launched an internal/RPO division headed up by newly appointed director, Justine Bentley.
Bentley previously worked at Dune Recruitment in Manchester and joins Qui Recruitment after maternity leave.
Empresaria chief executive Miles Hunt is stepping down at the end of the year from the post he has held for 15 years.
Essie Russell, former talent acquisition director at drinks business Diageo, has moved to take up the role of senior talent acquisition director at EMC.
Russell has worked at Diageo for the past three years.
Surveying and built environment staffing specialist Build Recruitment has opened a new office at London Bridge.
Meanwhile,Build Recruitment has added appointed two new directors to its board. Chris Ewart is appointed non-executive director and Coleen Cloherty is a director.
Optimism is on the increase among employees within the creative sector, according to research from Aspire Global Network (AGN).
AGN’s new research into employee loyalty shows 80% of employees questioned feel their companies are stable or improving.
The Financial Times has launched a new careers site with job vacancies and information about working at the FT, www.careersatft.com.
Isabelle Hung has joined international RPO provider Alexander Mann Solutions as global head of internal resourcing.
As reported by the Lancashire Evening Post, supermarket Waitrose is to expand across the North-West, creating large numbers of jobs.