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Hire staff in order to boost sales, says Barclays director

Commenting on the findings of a recent report by the banking giant - the Barclays Job Creation Survey 2013 - director of Barclays Corporate Banking in the north-west Michael Hartig has suggested there may still be a tendency among companies, specifically those in the north-west, not to hire before they have seen sales increase.

This is what Mr Hartig has described as "a lingering aversion to investing for growth", which he labels as "short-sighted", the Liverpool Daily Post reported.

His comments followed findings by the bank that recruitment prospects in the north-west were improving with 65 per cent of firms planning to create jobs over the next 12 months, compared with 59 per cent last year. Furthermore, the overwhelming majority - 80 per cent - were not planning to let anyone go this year.

Mr Hartig said companies needed to have more confidence in their ability to grow, as job creation was so fundamental to the recovery of the struggling UK economy and jobs market.

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Posted by Wayne BlyADNFCR-1617-ID-801574241-ADNFCR