companies

Companies ready to take on new staff

Mon, 17/12/2012 - 12:40 -- nick

A survey of 168 London-based businesses has shown a big increase in the number planning to take on new staff.

The survey, by the Confederation of British Industry and KPMG, found that 61% of companies plan to recruit workers, up from only 16% in June 2012, while 21% of firms planned to make redundancies, down from 31% in June.

These figures are close to pre-recession norms, suggesting that London may be getting closer to putting the downturn behind it.

Government bids to ease work experience scheme concerns

Wed, 29/02/2012 - 11:59 -- nick

The government is meeting companies involved in its unpaid work experience initiatives, following protests about the way the schemes operate.

Employment Minister Chris Grayling will hold talks with dozens of firms. Some want a threat to withdraw benefits from those leaving placements early removed.

Public concern has prompted firms such as Waterstones and Burger King to quit.

Critics call the schemes "slave labour" but ministers insist they help prepare jobless young people for employment.

Campaigners have argued they are not voluntary because people can have their benefits docked if they do not complete the placement.

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