first_img Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapNewsmax Rejected Matt Gaetz When Congressman ‘Reached Out’ for a JobThe Wrap whatsapp LONDON’S businesses are recovering strongly from the recession, a survey revealed yesterday.More than two in three (68 per cent) businesses in the capital plan to expand in the coming six months, while hiring intentions are rocketing.Last year only 11 per cent of employer planned on hiring at normal rates. Yet now 45 per cent will be recruiting, according to the survey conducted by the CBI with consultants KPMG.And the proportion of companies planning to make redundancies over the next six months fell to 29 per cent, from 53 per cent a year ago.This is despite lingering concerns over the state of the economy.Twice as many managers were pessimistic about the economy as optimistic.There was positive news for the coalition, though, with an extraordinary 97 per cent of respondents supporting the spending cuts. Earlier this year the Centre for Economics and Business Research showed that London has the lowest reliance on government spending out of all regions. London’s proportion of GDP reliant on the state is 15 per cent lower than the UK average, they said.Yet businesses are unhappy at levels of burdensome regulation, with 63 per cent saying this has become worse over the last year.“The government must find the right balance between maintaining essential legislation and cutting unnecessary red tape,” said Sara Parker of the CBI.And 69 per cent of respondents said the Conservatives’ proposed cap on immigration would negatively affect their recruitment from overseas. Show Comments ▼ Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBeElite HeraldExperts Discover Girl Born From Two Different SpeciesElite Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition London bounces back despite worries over economic future center_img KCS-content whatsapp Monday 13 December 2010 9:03 pm Tags: NULLlast_img