Half of UK firms expect to create jobs next year, according to CBI report
Mimi Bekhechi is PETA UK's Associate Director, responsible for overseeing PETA UK's campaigns and marketing as well as its education and media departments. Bekhechi previously served as the organisation's operations manager and coordinated PETA UK's campaign work in her subsequent role as manager of special projects.
Tuesday 17 December 2013
More than half of the UK’s businesses expect to create new jobs over the next year, though real wages will continue to fall, a new report has found.
For the first time since the beginning of the recession, private sector employers across all regions expect a growth in workforces in the coming 12 months.
In the report by the British Confederation of Businesses (CBI) and consultancy firm Accenture, 51 per cent of the 325 British companies surveyed said they expect to add jobs. The regions with the most positive views are Yorkshire, Humberside and the East Midlands.
The survey also reveals that more than a third of companies are planning to raise pay below the rate of inflation, adding pressure to already squeezed disposable household incomes across Britain. Only 7 per cent plan to increase wages above the retail price index.
The Office for Budget Responsibility, the UK’s official economic watchdog recently said it did not expect annual wage rises to return to its historic level of 2 per cent for a couple of years.
Katja Hall, CBI chief policy director, said: “We’re starting to see the recovery have an impact on business plans to hire, with more than half of firms boosting staff numbers next year and more opportunities for young people.”
Accenture and CBI’s survey shows that four in five businesses plan to hire more graduates and apprentices in 2014. However, most firms say they reject the idea of an increase in the national minimum wage.
- 1 British tourists 'murdered' in Thailand: Pair's bloodied bodies found naked on Koh Tao beach
- 2 Vivienne Westwood says 'Yes' to Scottish Independence by declaring: 'I hate England'
- 3 Welcome to Cameroon, where drinking Baileys can lead to imprisonment
- 4 Lego breaks out of the toy box and heads for the gallery
- 5 Vogue under fire for 'Big Booty' article
British tourists 'murdered' in Thailand: Pair's bloodied bodies found naked on Koh Tao beach
Jihadi John': MI5 may have identified Isis militant who killed David Haines but options limited
Vivienne Westwood says 'Yes' to Scottish Independence by declaring: 'I hate England'
David Haines beheading: David Cameron says Britain will hunt down Isis 'monsters' shown in video murdering aid worker
Piers Morgan attempts to save the Union by promising to go back to the US if Scotland votes 'No' to independence
Daniele Watts: Django Unchained actress detained by Los Angeles police after being mistaken for a prostitute
The political class is doing what Hitler couldn’t – destroying Britain
Scottish independence: Nationalist leader Jim Sillars threatens pro-union companies with 'day of reckoning' after independence
Scottish independence: Yes campaign feels the heat as Alex Salmond's NHS claims come under furious attack
£23m Birmingham cycle scheme is attacked by Tory councillor for not catering to the elderly
Salmond accused of laughing off national debt with ‘what are they going to do: invade?’ joke
iJobs Money & Business
£280 - £320 per day: Ashdown Group: The Ashdown Group have been engaged by a l...
£400 - £450 Per Day: Clearwater People Solutions Ltd: **URGENT CONTRACT ROLE**...
£35000 - £38000 per annum + Benefits: Ashdown Group: Training Coordinator / Pl...
Data Governance Manager (Solvency II) – Contract – Up to £450 daily rate, 6 month (may go Permanent)
£400 - £450 Per Day: Clearwater People Solutions Ltd: We are currently looking...