Two-thirds of UK CEOs to increase hiring in 2016

Investing in recruitment and growth should increase in 2016 as UK bosses do their best to veto worries about rising global risks, says a survey by PwC.

Two-thirds of UK CEOs are anticipating a bigger spend in hiring than last year, and 64% are anticipating mergers and acquisitions in the upcoming year. 84% of UK respondents said they were confident about their firm’s prospects this year.    

PwC UK Chairman Ian Powell said: “It is encouraging that UK business leaders are holding their nerve against the uncertain global economic and geopolitical backdrop by planning to invest in creating new jobs and developing their people. This longer-term investment should position UK companies well in the future.”

The survey also revealed that UK hiring plans are set to eclipse their European counterparts.