LONDON: Impellam Group plc, one of the world’s largest staffing firms, reported revenue rose 34.3% in full-year 2015. At one division of the company, UK managed services, revenue jumped 57.4%.
However, the company also noted the UK healthcare market has “faced significant disruption since caps on doctors’ and nurses’ rate were introduced in November 2015”. And the impact of the minimum wage and living wage in the UK along with the imminent removal of travel and subsistence allowances has provided challenges to the company’s Blue Arrow division.
Impellam also integrated two UK acquisitions from 2014 into the group, recruiting firm Lorien Limited and Career Teachers. Impellam in December also acquired MSP and staffing provider Bartech Group, which has contributed £17.6 million in revenue since its acquisition.
