The UK’s hiring boom is set to continue into the next quarter as private sector pay rises increase, according to fresh data from the professional body for HR and people development.
Last year was generally “a year of recovery when compared with 2020, with a marked improvement in both FM revenue and investment performance”, according to the 2022 IWFM Outlook Survey.
Rising energy prices have not hit the FM sector yet, but when they do it will affect firms in costs of operations and salaries, according to those in the industry.
Employers expect to make pay awards of 3% in 2022 as they look to combat increasing recruitment and retention difficulties, reveals a quarterly labour market report.
Business optimism and output growth in the UK fell in December, reflecting a cooling in economic activity as firms grapple with the effects of the Omicron Covid-19 variant, according to the latest Business Trends report from BDO LLP.
The built environment industry has not been going “far or fast enough” when it comes to tackling climate change, COP26 delegates heard at the conference’s day of events dedicated to the sector.
Mitie has issued a statement in which it says it is enjoying strong trading performance while having also negotiated a more favourable revolving credit facility.
