The media is incredibly upbeat regarding the UK's economic recovery, which bodes well for businesses seeking to expand their service offerings, as well individuals looking to advance their careers. Companies are searching for top talent to help them grow, so if you are considering a job move, now is an ideal time. The article below highlights just some of the key indicators and messages that are spurring on the UK economy:
Britain will have the best-performing major economy in the developed world for the rest of the year, an international watchdog said yesterday.
OECD increases prediction of growth from 0.8% to 1.5% for 2013
The Organisation for Economic Co-operation and Development said it expects growth of more than 0.9 per cent in the UK between July and September and around 0.8 per cent in the final quarter of the year, as the recovery gathers pace. The projections are stronger than anything seen in Britain since early 2010 and better than the growth rates expected in the US, Canada, Japan, Germany, France and Italy. The Paris-based think-tank pencilled in growth of 1.5 per cent for Britain in 2013 - nearly double the 0.8 per cent previously expected. Downing Street said it was ‘one of a number of indicators that point in a favourable direction’. It came as the boss of Lloyds Banking Group said Government action to boost mortgage lending is already proving a ‘game-changer for the economy’. And figures published yesterday showed the construction industry grew at its fastest pace for six years last month. The flurry of positive news has fuelled hopes that Britain is finally on the road to recovery, five long years after the financial crisis struck. The British economy grew by 0.7 per cent between April and June – more than double the 0.3 per cent expansion seen in the first three months of the year. In its Interim Economic Assessment published yesterday, the OECD said: ‘The pace of recovery in the major advanced economies improved in the second quarter and growth is expected to be maintained at a similar rate in the second half of the year. ‘Activity is expanding at encouraging rates in North America, Japan and the UK, while the euro area as a whole is no longer in recession.’
How can Jenrick help your organisation react to this growth?
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Established since 1967, the Jenrick Recruitment Group are one of the leading, privately owned, multi-sector recruiters in the UK. Article Source: The Mail online