The number of UK business insolvencies fell by 15.1% during April compared to the same month last year, according to the latest Insolvency Index from Experian.
The global information services company revealed that the total number fell from 2,274 in April 2009 to 1, 818 in April 2010. The year-on-year insolvency rate was down from 0.11% to 0.10% in April.
The agency workers’ directive is not a ‘done deal’, according to Adrian Marlowe, chair of the Association of Recruitment Consultancies (ARC).
The number of IT contractors who were out of work for three months or more fell by 33% in the first quarter of the year, according to research from the giant group.
The data compares with one in 10 (10.1%) of IT contractors had been out of work for three months or more six months ago.
US unemployment is set to decline to 9.4% by the end of the year and 8.5% by the end of 2011, according to the National Association for Business Economics.
The association’s panel of forecasters boosted its expectations for growth in 2010 to a 3.2% rise in real gross domestic product, up from 3.1% in its February outlook.
Revenues at Synergie Group have increased by 14%, according to the group’s results for the first quarter of 2010.
The group, whose UK subsidiary is Acorn Recruitment, reported earnings of €244.5m (£208.7m), up 14.1% on a like-for-like basis.
Business Secretary Vince Cable has announced a raft of measures to tackle excessive regulation stifling that the government says is stifling business growth.
The meaures include:
Those recruiters who were quick to embrace the iPhone by developing their own apps for Apple’s mobile device are welcoming the arrival of the iPad tablet in the UK after months of hype.
Healthcare recruiter Healthcare Locums (HCL) has announced all discussions in relation to an approach for the firm have now ceased.
On 9 April the board of HCL said that it had received an approach which may or may not lead to an offer being made for the firm.
CV-Library has rebranded and relaunched its latest acquisition Jobs Retail.
The site features a new logo and website. While the previous website displayed roughly 2,500 jobs, the new site aims to encourage growth and strives for further reach in the retail market by increasing the scope of vacancies available through CV-Library’s established retail recruiters.
The recession had a marked effect on wage increases in most European countries in 2009, according to the new annual review of industrial relations developments in the EU from Eurofound’s European Industrial Relations Observatory (EIRO).