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Travelodge to invest, creating jobs.

Pioneering budget hotel Travelodge is to build 10 new hotels throughout the UK which will add a further 857 rooms to their existing 27,000 room portfolio.

Up to 250 new jobs will be created in Edinburgh, High Wycombe, Ipswich, Llanelli, London, Manchester, Newbury, Newcastle Under Lyme and Wadebridge.

Travelodge also plans to grow its current Covent Garden hotel in London by 249 rooms making it the chains largest hotel. The expansion plans are creating 35 new jobs plus up to 100 construction jobs.

City has taken the brunt of downturn

Recent estimates suggest that the City of London will have seen 35,000 jobs axed by the end of 2009. Numbers of jobs are not expected to imcrease again until at least 2013 / 2014.

Southwark to create 112 contract jobs

Government money will support the creation of more than a hundred jobs in Southwark. The contract jobs will last 9-12 months and all 112 of them will begin from this autumn.

“The Earn and Learn programme will teach new skills to the jobless while they are working in 112 roles provided by local businesses and organisations, including positions in administration, tourism, events, the environment and community wardens.”

Nomura move to the City

Asian banking business Nomura has confirmed that it is moving the business to a new 4000 employee strong office in the city as opposed to Lehman locations in Canary Wharf - it is welcome relief to the city where numbers of firms have recently vacated. Both the temporary and permanent job markets in the city will be boosted by this news. The city has a huge captive audience that do not want to travel east.

Vacancies in Finance sector rise!

According to the Morgan McKinley, one of Uktemps’s recruiters there was despite a 9% rise in the number of new vacancies in February 2009 compared with January 2009.

The number of financial services professionals who began their search for a new role during February 2009 increased by 3% versus January 2009, but was down 34% on the same month the previous year.

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