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Wednesday, 5 January 2011

Business and retail 'should drive economic growth'

Momentum created by UK businesses and retail should help to drive economic growth in the coming 12 months, one recruitment expert has predicted.

David Roust, head of the recruitment industry team at Barclays Corporate, told the Recruiter that "sufficient momentum" will ensure that the UK economy continues to grow, with economists at the bank estimating growth of 1.6 per cent in 2010, 2.1 per cent this year and 2.2 next year.

However, while this is likely to create a "stable" environment for UK firms, subdued growth rates may have a negative impact on unemployment figures, the specialist added.

"In terms of general demand, a strengthening in household consumption, net trade and investment should offset some of the fall in public sector demand. Business investment certainly has the potential to grow in 2011," he added.

It comes after the Recruitment and Employment Confederation's December JobsOutlook revealed that 23 per cent of organisations will employ more permanent workers next year, including those in sales recruitment, while 32 per cent will be taking on more temporary staff.

For all of the latest sales industry news visit www.aaronwallis.co.uk. If you are looking to hire in your sales team Aaron Wallis offer the UK's most inclusive sales recruitment service which includes skills testing, psychometrics and a 12 month rebate scheme as standard. For Sales Director jobs visit www.aaronwallis.co.uk.

Posted by John Oak and Wayne BlyADNFCR-1617-ID-800323879-ADNFCR

Source: The Sales Director News

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