Business hiring confidence continues to flourish

(2 minutes to read)

Businesses across the UK continue to remain confident about hiring, despite ongoing economic uncertainty.

With UK employers having remained resilient over the last year, vacancies have continued to soar across the country.

Findings from CV-Library’s latest report looked at data from Q2 2018, comparing it to the same period the year before and found that job vacancies rose by as many as 11.6 percentage points; suggesting a building hiring confidence among UK businesses.

A number of key cities also saw above average growth in advertised jobs in Q2, the top 10 including:

  1. Hull – jobs up by 38%
  2. Liverpool – jobs up by 19.7%
  3. Sheffield – jobs up by 18.9%
  4. Leeds – jobs up by 15.2%
  5. London – jobs up by 14.2%
  6. Glasgow – jobs up by 13.5%
  7. Edinburgh – jobs up by 12.1%
  8. Newcastle – jobs up by 11.6%
  9. Manchester – jobs up by 10.7%
  10. Birmingham – jobs up by 10.6%

Furthermore, a number of industries saw advertised vacancies increase, including agriculture (38.2%), legal (26.6%), IT (19.9%), hospitality (18.7%) and manufacturing (17%).

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Lee Biggins, founder and managing director of CV-Library, said, “Another year has passed and there’s still a great deal of uncertainty surrounding Brexit and what this will mean for many businesses across the UK.

“This is particularly true right now following the resignation of both the Foreign Secretary and Secretary of State, which will inevitably delay Brexit negotiations. Yet despite this, employers across the UK appear to be showing resilience, as they’ve continued to drive their recruitment efforts in the last 12 months.”

Interestingly, candidates have not been experiencing the same level of confidence over the last quarter, as application rates decreased across the UK.

Biggins explained, “It’s not surprising that candidates are feeling cautious, with ongoing economic uncertainty causing many to seek stability in their existing role. Businesses are taking positive steps to encourage candidates to begin moving in the job market, and this is already paying off in some locations. As we continue moving towards our exit from the EU, we hope to see candidates confidence pick back up.”

To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.

Why Dolan Accountancy?

Dolan Accountancy was set up by Simon J Dolan, the man behind the well-known brand SJD Accountancy. With over 25 years experience in the contracting marketing, Dolan Accountancy has the heritage, reputation and credibility you can trust. Working closely with our sister company, ContractorUmbrella, it means we can offer one low cost, fixed fee package at £95 + VAT per month. This gives you the flexibility of using both our Limited Company Accountancy Services and our award winning Umbrella Service, for one inclusive cost. We don’t believe in tiered packages or hidden extra fees, instead we aim to give you everything you need, including:

  • Free Company Formation – This is where it all begins. Once you have decided on an available name, we will form your company free of charge (if using our accountancy services) and it will be ready for you to use in as little as three hours.
  • Free use of ContractorUmbrella – With changes in Public Sector IR35 Legislation we understand that sometimes you are required to contract via an umbrella company. We will keep your limited company ticking over, while you work margin free via our sister company, ContractorUmbrella.
  • A Dedicated Accountant – Your accountant will be there for any company or personal tax advice that you require. We will never outsource work, even to internal teams.
  • Free Access to FreeAgent – The founder behind the multi award winning FreeAgent platform was one of Simon’s first clients, therefore it only seems fitting that we offer all of our clients access to FreeAgent, free of charge.
  • Free Business Banking – We have decided to waive our commission so our clients can use CashPlus free of charge for the first year, saving you £69.
  • Unlimited IR35 Status Reviews – We will review all of your contracts for IR35 purposes and provide you with our professional opinion as to its status.
  • Free Registered and Director’s Service Office Address – Sometimes you just don’t want your home address on display at Companies House. When you sign up to our accountancy services, we will offer the use of our address as an alternative.
  • Your Business and Personal Taxation Needs – This includes Company Accounts, Director’s Personal Tax Return, VAT Returns, Payroll, Corporation Tax and Dividend advice, to name just a few.

If you’d like to find out more about how Dolan Accountancy can help you and your business, please give us a call on 01442 795100 or email sophie.lewis@dolanaccountancy.com or jaime.thorpe@dolanaccountancy.com.

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