Britain is Hiring Again!
More than a quarter of all UK companies say they plan to take on more staff over the next 12 months, helping unemployment fall below the current rate of 8%The survey of nearly 700 companies by the Confederation of British Industry found 28% of firms were hoping to boost headcount, with 49% set to raise wages to around the level of retail price inflation.
In a further sign that the economic recovery is gathering pace, just 5% of the companies polled said they were freezing recruitment for the rest of 2010.
Last year more than two-thirds of companies questioned imposed a blanket ban on new recruits.
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