Latest report from accountancy firm BDO, shows that UK firms are intending to hire staff at the fastest rate for 16 years!

 This follows on from news earlier this summer that the UK economy passed pre-recession peak after six years. 

 BDO stated that their jobs index for July was at its highest level since 1998. Their jobs index measures hiring plans among firms for three month periods. A 'significant uptick' and an increase in the rate of job creation was behind this rise, which is expected to carry on throughout the rest of the year.

 These results also coincided with their optimism index, this measures the expectations of UK firms over a six month period, which were at their highest since over the past 12 months.

 Peter Hemington, partner at BDO, stated that "The unprecedented growth we've seen in UK employment this year looks set to continue." However, he went on to explain that some firms are already worried about a lack of suitable candidates, with some firms debating using the "readily available and flexible labour from Europe."

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