Hints and tips:
...The government this week put forward draft legislation setting out amendments to the Conduct of Employment Agencies and Employment Businesses Regulations 2003....
...The attempt to find a solution to the Israel-Gaza conflict comes to Washington on Monday with President Joe Biden playing host to King Abdullah of Jordan....
...The solution pioneered by Kravis and Roberts has since been adopted across an entire investment industry now valued at $4tn....
...We also upgrade GFS to Outperform (from Neutral) and Randstad to Neutral (from Underperform) based on valuation....
...“The labour problem has become much more acute in recent years,” says Sandor Baja, managing director for Randstad, the employment services group, in Hungary, Czech Republic and Romania....
...Being pressed on retirement leads to a discussion of the importance of older workers remaining in employment....
...Just think of all the “dry powder” burning holes in the pockets of the private equity firms (and their LPs!)...
...● Hymans Robertson, the pensions consultancy, has hired John Taylor as head of delivery for its guided outcomes proposition from Nest (the National Employment Savings Trust)....
...Good morning New York FT ALPHAVILLE A BS solution?: David notes that it seems that plain-vanilla ABS backed by bank loans is the ECB’s pick of the asset purchase bunch at the moment ....
...In employment and average earnings, they exceed the national average....
...So the bond holders are desperately searching for alternative solutions....
...(Bloomberg)(Reuters) TODAY: US ADP private employment figures; US initial jobless claims; European services PMIs....
...Randstad calls this sort of system “Inhouse Services” and describes it as a “flexible work solution designed exclusively for each client to optimise the work force and drive cost effectiveness”....
...Investors in Randstad sold out of one of the biggest employment recruiters by revenues after KBC downgraded its shares....
...We expect that full-service ‘solutions’ providers will outpace their smaller peers in the medium term....
...In Europe, for example, our research points to a potential employment gap of around 15 per cent of labour demand by 2050, which is equivalent to 32m people....
...“A significant [dividend] reduction would have been a better solution.” Shares in Randstad closed nearly 13 per cent lower at €12.06....
...Any solution cannot simply pile new debt on to the existing debt burden....
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