Technology sector to take on more staff

TECHNOLOGY companies in the UK are planning to expand and recruit new staff over the next six months, despite concerns that the economy will be stagnant, according to a new survey

By The Newsroom

Published 21st Aug 2012, 07:00 BST

Nearly 70 per cent of company bosses who took part in the survey by Intellect, the trade association for the UK technology sector, said they plan to expand with 43 per cent saying they were very likely to recruit new staff.

A further 40 per cent said they would possibly hire new staff. On the wider economy 52 per cent said that over the past six months their confidence about the state of the economy had stayed the same and 40 per cent said it had decreased.

Antony Walker, Intellect’s deputy director general, said there was “a divide between how confident business leaders feel about the prospects for their own business compared to the economy as a whole”. In total, 86 people took part in the survey.