Analysts call for 'balanced growth'

Pres Pillai our consultant managing the role

The head of the Confederation of British Industry (CBI) has called on the government to ensure that Britain's economic growth over the coming years is broad-based, balanced and not built on excessive debt from either businesses or consumers.

John Cridland admitted 2013 has been a relatively positive year but urged firms not to rest on their laurels over the coming 12 months as the UK attempts to stabilise its position following a volatile period of economic recession.

"For the first time since the start of the recession, 2014 will see most firms increasing the size of their workforce, boosting their graduate intake and the number of apprentices they take on," pointed  out Mr Cridland.

Building a recovery on a talented, intelligent and flexible employee base will ensure that the ongoing expansion is not built on sand, he suggested.

However, the CBI chief also called on business leaders to both do a better job when it comes to selling their services abroad and, conversely, to take more steps to reinvest in the British economy when making a profit.

Business funding specialist Bibby Financial Services also urged companies to work towards a broad-based recovery, warning that many small to medium-sized enterprises are too reliant on personal finance.

David Postings, UK chief executive at the organisation, told the Telegraph: "Businesses with unsustainable or limited sources of finance in place will find it challenging in the months and years to come if they cannot take advantage of the gradually improving trading conditions in the UK."

A recent survey commissioned by the financial services provider revealed 20 per cent of firms as saying they relied on their bank overdraft to keep their business going, with the same amount again making use of a temporary loan.

Alternative finance could be one way to extract companies from this unsustainable situation and make it easier for them to get on solid ground, suggested Mr Postings.

11/04/16
posts

Related articles

What EV rapid charging network, InstaVolt, look for in their people
What EV rapid charging network, InstaVolt, look for in their people

Teaser

Investment and Advisory

Content Type

General

22/11/21

Summary

With COP26 recently taking place in Glasgow, climate change is very much top of mind for individuals and businesses alike. We are all looking for small ways in which we can red

Teaser

What does electric car charging giant, InstaVolt look for when hiring new people?

Read full article
Alastair Paterson

by

Alastair Paterson

Alastair Paterson

by

Alastair Paterson

The cost of the status quo | A contribution from Women in Fund Finance
The cost of the status quo | A contribution from Women in Fund Finance

Teaser

HR

Content Type

Diversity

14/09/21

Summary

How failing to recruit and retain a diverse workforce may lose you the next big mandate, a contribution from Chelsea Bruno and Meera Savjani on behalf of Women in Fund Finance. Although hard to beli

Teaser

Although hard to believe, there are still some who do not understand the value of diversity.

Read full article
Mellani Georgiou

by

Mellani Georgiou

Mellani Georgiou

by

Mellani Georgiou

How technology has inspired the new wave of M&A deals
How technology has inspired the new wave of M&A deals

Teaser

Financial Services

Content Type

General

10/11/20

Summary

While mergers and acquisitions were once a strategy for companies to extend their global footprint, or grow their workforce, technology has shifted the focus. Firms are now motivated to acquire tec

Teaser

While mergers and acquisitions were once a strategy for companies to extend their global footprint or grow their workforce, technology has shifted the focus.

Read full article
David Harvey

by

David Harvey

David Harvey

by

David Harvey

jobs

Related jobs

Corporate Finance Associate Director

Salary:

Negotiable

Location:

Manchester, Greater Manchester

Industry

Professional Services

Qualification

Fully qualified

Market

Professional Services

Salary

£80,000 - £100,000

Job Discipline

M&A

Contract Type:

Permanent

Description

Marks Sattin are delighted to be recruiting a senior level opportunity to lead and develop the Lead Advisory CF team within an established and highly reputable corporate finance firm.

Reference

BBBH168654

Expiry Date

01/01/01

Daniel Horton

Author

Daniel Horton
Find out more
M&A Partner

Salary:

Negotiable

Location:

Reading, Berkshire

Industry

Professional Services

Qualification

Fully qualified

Market

Professional Services

Salary

£175,000 - £250,000

Job Discipline

M&A

Contract Type:

Permanent

Description

Marks Sattin are delighted to be supporting our client - an ambitious and reputable Corporate Finance firm in seeking a highly experienced and accomplished M&A Partner.

Reference

BBBH179977

Expiry Date

01/01/01

Daniel Horton

Author

Daniel Horton
Find out more
M&A Partner

Salary:

Negotiable

Location:

London

Industry

Professional Services

Qualification

Fully qualified

Market

Professional Services

Salary

£175,000 - £250,000

Job Discipline

M&A

Contract Type:

Permanent

Description

Marks Sattin are delighted to be supporting our client - an ambitious and reputable Corporate Finance firm in seeking a highly experienced and accomplished M&A Partner.

Reference

BBBH179976

Expiry Date

01/01/01

Daniel Horton

Author

Daniel Horton
Find out more
Corporate Finance Manager / Associate Director (FS)

Salary:

Negotiable

Location:

London

Industry

Professional Services

Qualification

Fully qualified

Market

Professional Services

Salary

£100,000 - £125,000

Job Discipline

M&A

Contract Type:

Permanent

Description

Marks Sattin are delighted to be recruiting a senior level opportunity to lead and develop the Lead Advisory - CF M&A (FS) team within a growing and highly reputable Advisory firm.

Reference

BBBH164804

Expiry Date

01/01/01

Daniel Horton

Author

Daniel Horton
Find out more
View all jobs