Partly Cloudy

Partly Cloudy

max temp: 21°C

min temp: 11°C

Search

The pigs have arrived. See the latest

Pigs Gone Wild

news here.

East Anglia: Outlook for private sector employment at 30-month high, BDO survey shows

17:07 13 January 2014

Marilyn Martin of BDO LLP, Ipswich.

Marilyn Martin of BDO LLP, Ipswich.

Archant

Private sector hiring intentions have reached a 30-month peak as business confidence approaches record levels, according to the latest BDO Employment Index.

The monthly report, which monitors businesses’ hiring intentions for the next two quarters, reached 99.4 in December, up from 98.3 in November.

The index has now been at or above the crucial 95.0 level that indicates employment growth for 12 months and is now almost at the 100.0 mark which points to employment increasing at its long-term rate. This indicates that employment is gaining pace with the wider economic recovery.

Business confidence showed similar improvement, with BDO’s Optimism Index, which predicts business performance two quarters ahead, reaching 103.4 in December, up from 103.1 in November − its best reading in more than seven years and only just below the all-time high in the 22-year history of the report.

Marilyn Martin, partner and head of BDO LLP in East Anglia, said: “We’re encouraged to see that businesses are growing in confidence and have sharply increased their hiring intentions over the past month, which should help to keep the unemployment rate on a downward trajectory.

“The issue of unemployment is particularly important given the Bank of England Governor Mark Carney’s decision not to allow an interest rate rise until the unemployment rate is at or below 7%.

“The flip side of all this is that labour productivity is still far below its pre-crisis peak. As a result, the issue of underemployment remains, with some 1.5 million workers seeking full-time jobs being forced to work part-time over August-October 2013.

“Linked to the debate around employment is the politically sensitive issue of immigration. The Government will undoubtedly be waiting with baited breath to see the effect of the relaxation of border controls that came into force on January 1st 2014. However, our data suggests that the UK has the capability to create more jobs both for UK citizens and for others than some might expect.”

0 comments

Motorcyclist banned

A handyman has lost his driving licence after police saw him speeding on his motorbike while over the drug-drive limit.

Police have been called to a collision between a Ford Focus and a Ford Fiesta near to the Suffolk Ski Centre.

Fraudster must now pay back £183,000

The kingpin behind internet escort and debt elimination scams which fleeced £5.7million from 17,300 victims has had the amount he must pay back reduced from £750,000 to £183,000.

Sir Stanley Rous

Sir Alf Ramsey wasn’t the only Suffolk knight to have a key role in the World Cup Final of 1966.

Samuel and Darren Noller at the Eiffel Tower, Paris

A father and son cycling duo raised more than £3,000 for a Suffolk charity helping women struggling with addiction.

Team manager Alf Ramsey and trainer Harold Sheperdson (standing) watch England's victory over Germany in the 1966 World Cup

On the 50th anniversary of his greatest triumph, we are today celebrating Sir Alf Ramsey, the man who inspired both Ipswich Town and England to extraordinary levels of success and glory.

Millions of pounds are lost each year in our region due to people wasting medicines. Photo credit should read: Ben Birchall/PA Wire

Suffolk health chiefs are urging people to buy their own treatments after they spent £3.4 million on “wasted medicines” in the past year.

Jubilee Meadow and Orchard, in Bredfield, near Woodbridge, received Keep Britain Tidy’s Green Flag Community Award. Planting the young orchard trees on a raw March day.

A Suffolk village will be flying the standard for top quality parks and gardens after receiving Keep Britain Tidy’s Green Flag Community Award.

The 23 Parachute Engineer Regiment marched through Woodbridge Market Hill to mark 10 years of being based just outside the town at Rock Barracks.

Crowds of people lined the streets of a Suffolk town to salute locally based soldiers.

Police are investigating

Police have been called to Thurston Road near Bury St Edmunds this evening after a bull escaped its field and onto the road.

Most read

Most commented

HOT JOBS

Show Job Lists

Topic pages

Streetlife

Newsletter Sign Up

Great British Life

Great British Life
MyDate24 MyPhotos24