A report by the Recruitment and Employment Confederation (REC) and KPMG has revealed employment for both temporary and permanent workers rose during February. The survey of 400 recruitment consultancies showed permanent staff vacancies rising at their fastest level in 10 months, while demand for temporary staff saw its biggest rise since May 2007. The permanent [...]
A report by the Recruitment and Employment Confederation (REC) and KPMG has revealed employment for both temporary and permanent workers rose during December. The survey of 400 recruitment consultancies showed permanent staff vacancies rising at their fastest level in four months, while demand for temporary staff saw its biggest rise in six months. However, the [...]
A report by the Recruitment and Employment Confederation (REC) and KPMG has revealed employment for both temporary and permanent workers rose during November. The survey of 400 recruitment consultancies showed job appointments grew at their fastest pace in three months. The permanent staff placements index surged to 55.2 in November, from to 52.6 the previous [...]
A report by the Recruitment and Employment Confederation (REC) and KPMG has raised further fears over the strength of the UK job market. The survey of 400 recruitment consultancies showed job appointments grew at their slowest rate in 14 months in October. The permanent staff placements index dipped to 52.6 in October from 54.6 the [...]
The latest report from the Recruitment and Employment Confederation (REC) and KPMG has suggested that the UK jobs market is continuing to weaken as Government spending cuts are having a major impact on employment. The permanent placement index dipped to 54.6 in September, down from 56.3 the previous month. Meanwhile, the temporary and contract staff [...]
A report by the Recruitment and Employment Confederation (REC) and KPMG has raised fears over the strength of the UK job market. The survey of 400 recruitment consultancies showed job appointments grew at their slowest rate since October 2009 last month. Kevin Green, chief executive of the REC, comments: “We are concerned about the UK [...]
A report by the Recruitment and Employment Confederation (REC) and KPMG has revealed staff appointments in the private sector grew in June, albeit at the slowest rate for five months. The survey, which questions 400 recruitment firms, showed a strong rise in permanent staff placements, with engineering and construction growing. Commenting on the data, Rec’s [...]
A report by the Recruitment and Employment Confederation (REC) and KPMG has revealed its permanent placements index slipped to 63.2 in April from 65.2 in March. However, any reading above 50 indicates net hiring. The survey, which questions 400 recruitment firms, showed the availability of staff grew, albeit at a slower pace than earlier in [...]
A report by the Recruitment and Employment Confederation (REC) and KPMG has revealed February was the seventh consecutive month in which permanent places rose. According to the report, more full-time jobs were added in February than at any time since July 2007. The index, which is produced by Markit for the REC and KPMG, grew [...]
A survey conducted by the Recruitment and Employment Confederation (REC) has established that the labour market is on the road to recovery. The research, which questioned 400 recruitment and employment consultancies, showed permanent staff placements increased for the sixth consecutive month in January. The permanent placement index dipped to 60.5 from December’s 62.8, but remained [...]
The latest survey from the Nationwide Building Society has revealed a rise in UK consumer confidence for the month of January. The building society’s consumer confidence index gained three points to 73 in January – nearly double the reading of 39 in the same month a year earlier. Meanwhile, the Nationwide’s expectations index, which gauges [...]
The latest survey from the Nationwide has revealed UK consumer confidence remained unchanged in November from October‘s revised figure. However, the reading of 73 is way ahead of the record low in January of 45 and is at an 18-month high. Meanwhile, the Nationwide’s expectations index, which gauges peoples’ sentiment about the economy, jobs and [...]
Research by KPMG and the Recruitment and Employment Confederation (REC) has revealed some encouraging news for the job market after the number of unfilled permanent and temporary jobs increased in September for the second consecutive month. However, the report highlights that the job market is still “very fragile” as despite an increase during the month, [...]
According to the Recruitment and Employment Confederation and KPMG Report on Jobs, there is some good news for the UK jobs market . The index for firms’ hiring of permanent workers rose from 46.1 in July to 50.6 in August – tipping over the 50 mark which indicates growth. The report shows that for the [...]
A university degree is no longer enough to secure a good graduate job, a recruitment expert said this week. Tom Hadley, director of external relations at the Recruitment and Employment Confederation (REC), said companies now look for relevant skills and work experience in addition to a stint in higher education. Many employers now take a [...]
With the number of people out of work between October and December 2008 rising to 1.97 million (the highest figure in well over a decade), it’s no surprise that further bad news in the jobs market comes via a survey by the Recruitment and Employment Confederation (REC) who found that vacancies at UK employment agencies [...]
A new report from the Recruitment and Employment Confederation (REC) and recovery specialist KPMG, plots a record decline in demand for staff. The key highlights of the Report on Jobs include a record fall in the placement of permanent and temporary staff; a record rise in candidate availability and a continued decline in average wages [...]
M&S Money launches 3% cash ISA
M&S Money has launched an Advantage Cash ISA paying 3 per cent, and which allows transfers in from other ISAs. It can be opened with a minimum deposit of £100 lump sum followed by minimum monthly deposits of £25. The 3% rate is variable, but there is no short-term bonus so the return won’t plummet [...]
Google suspends UK Compare Mortgages site
Google has closed its UK mortgage comparison site which it launched in July last year, after it proved to be less popular than expected. Mortgage comparison sites are designed to allow visitors to compare mortgages quickly and easily without having to visit each lender’s individual site. Google was competing with several well-established comparison sites, including [...]
AA launches ‘black-box’ policy for young drivers
The AA is launching an innovative car insurance policy called Drivesafe which could help younger drivers save up to £850 a year. Younger drivers already pay substantially higher premiums than other motorists and these costs are increasing. A new study by Confused.com suggests insurance costs for younger driver have gone up by 5.7 per cent [...]
ATOL scheme updated to protect online bookers
ATOL, a financial protection scheme managed by the Civil Aviation Authority, is being extended to protect up to six million more holidays a year. The scheme ensures that holiday makers do not lose out financially if a travel company collapses, and that they are not stranded abroad. An increase in the number of holidays booked [...]
Home repossessions lowest for four years
The number of UK homes repossessed fell to 36,200 in 2011, significantly below the Council of Mortgage Lenders’ forecast of 40,000, and lower than 2010 when 37,100 homes were repossessed. With interest rates remaining low and lenders adopting a sympathetic attitude to customers in financial difficulty, repossessions fell to their lowest level since 2007. However, [...]
Monthly pay lasting just 17 days
Workers are running out of money just 17 days after receiving their monthly pay, according to new research by the Halifax bank. This means that the average UK worker spends half the month worrying about money. The study, based on the responses of more than 2,000 adults, found that 10 per cent of workers start [...]
Women disadvantaged by auto-enrolment changes
Government proposals to increase the auto-enrolment threshold to £10,000 could put 1.8 million women at risk of missing out on a pension, the TUC has warned. Under the auto-enrolment scheme, which will be phased in from October, private sector employers will automatically enrol workers between the age of 22 years and the state pension age, [...]
Emergency household repairs company Homeserve is taking longer than expected to get back on track after its operations were suspended last October. The company expected customer numbers to fall by 5% this year but it has increased this estimate to 8% and announced the loss of 200 jobs. It estimates that renewal revenue in 2013 [...]
Sale rumoured for Yorkshire and Clydesdale banks
There is growing speculation that National Australia Bank (NAB) may sell Yorkshire Bank and Clydesdale Bank after the Australian parent company announced a strategic review of the two banks’ operations. The Australian economy is performing well and NAB reported strong profits for the final quarter of 2011 but with the UK economy at a virtual [...]
More women experiencing debt difficulties
Women in Debt, which offers female-focused debt advice, has warned that the number of UK women facing serious debt has grown significantly over recent years. The organisation believes that more women will need advice on solving debt problems in the future because they are building up an unsustainable level of indebtedness. Women in Debt’s director, [...]
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