Skip to content

Entrepreneurs Panel

David Pollock
Laura Tenison
Tony Caldeira
Steve Purdham
Charlie Mullins
Michael Oliver
Debbie Pierce
Jennie Johnson
Julie Meyer
Brian Hay
Jeremy Roberts
Richard O'Sullivan

Olympic Games “will be good for business”

A quarter of UK bosses think that the Olympic Games will have a positive impact on their businesses, according to the Recruitment and Employment Confederation’s (REC) latest JobsOutlook survey.

The report also suggested confidence is picking up, as 63 per cent of those quizzed said they plan to hire more permanent staff members over the next three months.

Thirty one per cent of respondents said they want to increase the number of agency workers on their books in the next quarter, while 22 per cent revealed they intend to decrease their use of such personnel.

Director of research at the REC, Roger Tweedy, said there is still a “sense of hesitancy” as business owners are being hit with bad news from the continent.

However, he explained that there are still a number of reasons to be positive and that consumer confidence is rising slowly.

Tweedy added, “Barring any terrible shocks from the eurozone and with the potential of a boost to business from the Olympics we could still be on track for slow improvements in job creation as time progresses.”

The Jobs Outlook report is based on a monthly survey of 200 employers.

By Kirsty Hewitt

  • Kathryn Parsons, co-founder of Decoded, started with little more than faith and determination, but four years later it’s grown into a global business. Ahead of her appearance at Accelerate 2015 in...

  • Author, writer and marketer Ryan Holiday on how entrepreneurs need to interpret failure.

  • Sue Vizard, business coach and author of Jump Start: The Start-up Book for Your Dream Business, looks at some of the questions solo entrepreneurs should ask themselves.

  • Ian Wright, founder and chief executive of, is bringing together SMEs and NEDs - without the hefty recruitment fees.

  • Former professional golfer turned entrepreneur Colin Stevens has had a busy 18 months. The Better Bathrooms founder has increased turnover at the firm, secured a multi-million pound investment and...

Five Minutes With

David Hughes sums up his entrepreneurial career to date thus: four spectacular successes and two failures. He founded the sports retailer Allsports and achieved turnover of £180 million before a vicious price war meant decline, administration in 2005 and a sell-off to rival JD Sports.

It took Richard Shonn, managing director of 151 Products, three years to find a warehouse big enough for his requirements.