New Poll Shows 2012 Optimism with Many UK Firms Planning to Expand Workforce

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22nd June 2012 13:24 - Business Support

According to a recent poll by the Confederation of British Industries (CBI), almost half of UK companies are planning to increase their workforce by the start of next year.

The survey results were derived from the fact that just 19% of the 462 British firms who took part in the study are preparing to reduce their workforce – this means a net score of 28% of those who have expansion plans was measured.

In addition, it was revealed that small firms with fewer than 250 employees were even more likely to be looking to grow their workforce, at a net score of 35%.

CBI Deputy Director-General, Dr Neil Bentley, commented: "It is encouraging that firms right across the UK are growing their workforces, especially smaller companies. But employers are making hiring plans on shifting sands and there is a risk that the tentative private sector jobs recovery could be blown off course by fast-moving economic events at home and abroad."

The CBI poll contradicts recent data published by the Recruitment and Employment Confederation however, which predicted a contraction in the job market for the first time in two years.

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