2010 Budget 'will create more jobs'

Seeking pharmaceutical jobs may be set to become easier as a result of new measures introduced by the government in its new Budget.

The Recruitment & Employment Confederation (REC) has praised chancellor George Osborne's inaugural Budget as one which will help to stimulate private sector employment.

Kevin Green, chief executive of the REC, said that scrapping the planned increase in National Insurance contributions and the reduction in corporation tax will alleviate financial burdens on UK-based companies, making it easier for them to hire staff.

He also welcomed the planned review of red tape and regulations, which he suggested could create a more favourable climate for agency hiring.

Mr Green said: "It is clear that the private sector will need to grow jobs as the public sector sheds them and this Budget sets the framework for this to happen."

This comes after the REC predicted in its JobsOutlook report earlier this month that UK companies are set to increase their hiring activities in the near future.
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