Sluggish growth and rising costs prevents SMEs expanding
Last week’s GDP figures from the Office for National statistics confirmed growth of just 0.2% in the second quarter of this year.
Last week’s GDP figures from the Office for National statistics confirmed growth of just 0.2% in the second quarter of this year.
A report from the CEBR and Totaljobs.com has claimed that by 2015 – 16 the public sector needs to fill 2.1 million job vacancies.
The FSB is calling on the coalition and the banks to give small businesses a bit of breathing space so that they can stay afloat over the festive season.
Within 5 years, unemployment levels will reach 10% in over half the regions in the UK predicts the CEBR.
The chief executive of Hays, Alistair Cox, has some worrying news for those in the public sector who work through umbrella companies and are worried about the loss of their contract.
The managing economist at the CEBR, Charles Davis, has cautioned umbrella company contractors that whilst the economy in the UK is recovering, the recovery is not yet robust.