British companies are world’s most upbeat about future profits

Advanced workforce management and time and attendance systems are becoming a “must-have” for more and more companies across the UK, as their level of confidence and optimism regarding future profits and investment opportunities is reaching unprecedented levels and they’re hiring new staff at a very rapid pace.

The Markit’s survey of 11,000 global businesses showed the UK was the “stand-out performer” among the world’s most-powerful economies, second only to Brazil, which received a significant economical boost by hosting the 2014 FIFA World Cup.

Lloyds’ latest regional growth survey also brings forth further proof regarding the UK’s sustainable growth, as it pointed out that the companies’ positive forecasts are actually doubled by significant leaps forward in terms of employment, which rose at the fastest rate since 2001 last month.

“June’s survey rounds off a strong second quarter for both manufacturing and services companies with an encouraging rise in employment levels,” said Tim Hinton, director of SME and mid-markets banking at Lloyds. “Efforts to boost investment spending indicate businesses are increasingly confident conditions will continue to improve in the second half of the year.”

Time & Attendance UK constantly strives to constantly keep up with the latest developments in technology and the most serious requirements. Moreover, our specific position within this market segment, as well as proven experience in the field enables us to thoroughly customize our systems in order to meet and exceed all of your needs, whether you’re an enterprise customer with multiple sites or a smaller business.

If you want to find out more about the range of affordable, reliable solutions provided by Time & Attendance UK, just contact our dedicated product team, they’ll be more than happy to answer any question you might have.