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How to survive a talent drought

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Remember when we thought COVID would leave us swimming in freshly unemployed talent? Nobody expected the plague to be followed by a drought. Yet here we are. Recent studies show that the need for workers is rising at the fastest rate since 1998 – but the pool of suitable candidates is shrinking at the fastest […]

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More than half of UK firms plan to hire new staff

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More than half of UK employers intend to recruit staff in the next three months, according to new research. The human resources body, the CIPD, said it was the first positive signs of employment prospects it had seen in a year. About 56% of 2,000 firms surveyed planned to hire in the first three months […]

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UK service sector optimism grows to highest level since 2006

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Firms planning to expand despite being hit by Brexit port delays and falling orders due to Covid Optimism across the services sector improved for the fourth consecutive month in February to its highest level since 2006, reflecting hopes that the Covid-19 vaccine rollout will lead to a strong economic rebound. The IHS Markit survey found that […]

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UK inflation up to 0.7% on back of rising food prices

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Statisticians say they have seen no evidence Brexit-related custom fees and transport costs had pushed up consumer prices. UK inflation rose last month pushed by higher food prices and less discounting on household goods, official figures show. The Consumer Prices Index (CPI) increased to 0.7% in January from 0.6% in December, according to the Office […]