Firms 'freezing recruitment plans'

My Account
Logout

Create an Evening Standard Account

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Welcome! Sign in here

Use your social network

Save time by using your existing account to sign in to Evening Standard

We'll never share your information or post anything to your account without your permission

Forgot your password ?

Registration

* indicates fields that are mandatory

Email *

Password *

Confirm Password *

First name *

Surname *

Postcode *

Country *

Mobile phone number

Username *

Gender *

Year of birth *

When you sign up...

You will have access to all our online competitions, discounted offers and can post comments on our site.

You will also receive The Weekender newsletter sent every Thursday - it’s full of fantastic offers and ideas for the weekend. You can update your email preferences in your account page when you log in.

Other newsletters and emails

Homes & Property Newsletter - Yes I want to receive the weekly email with all the latest news on property in the capital

Occasionally we would also like to send you relevant emails detailing specific offers either from ourselves or carefully selected partners. If you would prefer not to receive these then please tick the appropriate boxes below. We will never pass on your details.

I do not want to receive additional offers and information from the Evening Standard

I do not want to receive additional offers and information sent by Evening Standard on behalf of carefully selected partners

Terms and Conditions

* I have read, understood and agree to be bound by the terms and conditions of Evening Standard

Registration

Mail Sent for Registration Confirmation.

A confirmation email has been sent. Please activate your account by clicking on the activation link sent in your mail box.

A survey of 1,400 firms across the UK also showed that most were being adversely affected by the credit crunch, with two out of three saying they could not rule out making workers redundant.

Employment law firm Peninsula, which conducted the study, said it was taking more than 3,000 calls a week from employers asking about redundancy.

Managing director Peter Done said: "Employers have had to put a hold on recruitment as the credit crunch bites. It is understandable that businesses want to be in good shape coming out of this economic uncertainty and so redundancy just cannot be ruled out.

"Employers must ensure they approach redundancy in a sensitive way and ensure they follow legal regulations to avoid ending up in court. Bosses must also keep their employees in the loop with what is going on. Obviously there will be many worried workers, so employers should make it clear to their workers what their intentions are."