Bosses of UK technology firms say they are looking to create new jobs and recruit workers over the next six months
Technology firms in the UK are looking to bolster their workforce in the next six months, according to a new survey.
Some 83% of company bosses quizzed in a poll by Intellect, the trade association for the UK technology sector, said they were either very likely to take on new staff or would possibly look at creating jobs for new workers this year or at the beginning of 2013.
A large proportion of those who participated in the research reported encouraging performances from their companies over the last six months, with 51% saying their business prospects had improved or remained the same, while 60% said their firm had increased its level of business investment during this timeframe.
More than two-thirds (67%) of those questioned said they would expand their business over the next six months, 43% said it was very likely they would hire new staff over the next six months and 40% said they would possibly add to their workforce.
But there was less enthusiasm about the wider economic picture, with just under a quarter saying they thought the economy would improve in a year's time.
The sector showed support for the Government's deficit reduction strategy, with 87% either very supportive or supportive, but just 21% were confident that the Coalition would meet its deficit reduction target.
There was also little faith in the Government's plan for growth, with 67% admitting they were not confident in the proposals outlined by ministers.
Intellect's deputy director general, Antony Walker, said: "There is clearly a divide between how confident business leaders feel about the prospects for their own business compared to the economy as a whole.
"It appears that companies have invested during this year and are now looking to maximise that investment. However, if the storm clouds gather again across the wider economy these gains could be quickly lost."
He added: "The industry agrees with the Chancellor that technology can be an engine for growth, but the worrying thing is that business leaders don't feel the Government fully understands the sector and the opportunities it can create."
Copyright Press Association 2012