Leeds recruitment firm secures £9m funding for post-pandemic recovery
A Leeds recruitment firm has announced that it has secured a £9m funding package as it aims to boost its recovery from the pandemic.
Caval Limited has received the funds from Natwest as it plans to introduce more hybrid working roles, apprenticeships and coaching opportunities.
The company’s recovery plans also include providing temporary and permanent placements to the recovering construction industry, as well as revamping its internal systems and introducing wellbeing initiatives for all staff.
Jane Wardell, associate finance director at Caval Limited, commented: “It’s fantastic to have secured the funds from NatWest, which will allow us to push forward with our impressive growth plans and continue supporting many of the 1.7 million people currently working as contractors in the UK.
“It’s no secret that the last 18 months have been extremely challenging for businesses and contractors alike, but the UK’s self-employed workforce will be instrumental in rebuilding the country’s economy.
“With the backing of NatWest, we’re confident we can continue to flourish in an increasingly important marketplace.
“As a company, we also continually seek to improve our internal systems, processes and operations to ensure clients and workers experience excellent services at all times. This funding package will go a long way to helping us achieve our goals.”
Want your business, product or service to be seen regionally and nationally? Bdaily helps you get your story in front of the right audience, every day. Find out how Bdaily can help →
Join more than 55,000 subscribers by signing up to our daily bulletin each morning here.
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular Yorkshire & The Humber morning email for free.
Have we made it harder for young people to succeed?
Celebrating Nissan's North East success story
Are you a meat proxy?
Engaging the five-generation workplace
Talent is an asset, not an operational resource
Taking advantage of the opportunities ahead
Accountability isn’t the enemy of empathy
Act now to avoid a last-minute tax scramble
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back
Why we must break the magnetic pull of London
AI scepticism is healthy - inaction isn't