UK companies prepare for major expansion

than half of Britain’s largest companies are planning for major change or
expansion over the next 12 months, according to new research.

Mori poll on behalf of interim firm BIE has found that 51 per cent of those
with a turnover in excess of £20m anticipated major change or restructuring
later in the year.

further 30 per cent of the companies with a £20m turnover were likely to
expand, with 24 per cent forecasting an acquisition programme.

managers are also changing jobs more frequently with almost 30 per cent of
firms losing a senior executive in the last six months and 81 per cent of these
vacancies still unfilled.

hundred directors interviewed during the research indicated a preference for
interim managers with 91 per cent advocating them, compared to 73 per cent for
internal resources and 68 per cent for management consultants.

By Ross Wigham

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