A survey carried out by the Department for Business, Innovation and Skills indicates that 58 per cent of mid-cap firms believe that turnover will increase in 2011, while 93 per cent of respondents reported that they managed to obtain finance after seeking it.
Other results from the 2010 Finance Survey of Mid-Cap Businesses show that 54 per cent of firms have seen an increase in turnover this year, with net balance of sales growth rising from -25 in 2009 to +31 in 2010 - something welcomed by business and enterprise minister Mark Prisk.
"Mid-caps are an essential aspect of our economy, employing over a fifth of our workforce and helping boost growth. It is pleasing to see they are recovering well from the recession and are facing fewer problems with access to finance," he commented.
It comes after the Recruitment and Employment Confederation's December JobsOutlook report forecast that the next 12 months will hold mixed fortunes for the UK employment market, but it will witness the creation of plenty of jobs, which could include those in the sales recruitment sector.
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Posted by John Oak and Wayne Bly
Source: The Sales Director News