Great news for the UK Manufacturing  industry with the growth in engineering employment, output and production, all positive signs that this sector are well on their way out of recession.

Julie Alton, Managing Director of the Jenrick Engineering Recruitment Agency comments on the positive movement within the Engineering economic climate:

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Thanks to the efforts of Central Banks and Governments around the world in the form of massive interest rate cuts, quantitative easing and huge fiscal stimulus packages economic activity has finally pulled out of the nosedive that it spiralled into.

There has been a significant pick-up in global purchasing managers’ indices as companies start to replenish their depleted stocks.  There has also been a rise in business and consumer confidence.  Credit markets are beginning to thaw and there is evidence of a return to banking profitability along with stabilisation in house prices on both sides of the Atlantic. (more…)

Representatives from Jenrick CPI were invited this week to attend an economic market overview by wealth and asset management company, London and Capital.

We are delighted to report that the general overview of the seminar was one of global positivity, and augurs well for the next quarter, coupled with other leading market indicators which all point towards a slow return in confidence. (more…)