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Financial directions - Warnings on the up as pension funds see boost.

Europe Intelligence Wire

| June 01, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Financial Director)

Word of warning

Profit warnings among UK companies grew by more than one-third in Q1 2004, according to Ernst & Young. A total of 71 UK companies issued profit warnings, compared with 52 in the previous quarter. But figures were lower than 12 months ago, when 81 profit warnings were issued.

Flexi-working by-pass

More than three-quarters of HR managers from SMEs say flexible working directives have had no impact on their business, and 66% say they have no flexible workers at all, according to research from Inter-Tel. Almost one in five HR managers have chosen not to pursue a flexi-working initiative in their companies.

www.inter-tel.com

Secrets of success

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