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Entrepreneurs Panel

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

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.

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