Furza 'set for record year' as rates cut aids progress

A sales recruitment and training firm says it is primed for a record year after interest rate cuts reignited companies’ hiring plans.

Furza says it is on track to chalk up £3 million revenues in the year to December 31.

The Salford-based business revealed the buoyant outlook after the Bank of England shaved the base interest rate to four per cent.

Furza bosses say the decision has catalysed firms’ investment in entry-level sales roles to roll out growth plans. 

Founded in 2022, Furza manages clients’ assessment and hiring processes, and runs an academy that delivers face-to-face training and development programmes.

Mark Rothwell, chief executive, said: “As interest rates come down, we see signs the economy is picking up. 

“The first things to go in a tough economy are entry-level sales roles, but they are also the first to come back when things improve, as companies see more green shoots of recovery.”

He added the Bruntwood Riverside complex-based operator has laid foundations for the increased demand by adding four sales staff and welcoming Richard Barnes as chief commercial officer.

It has also opened an office in Richmond, South London, in an effort to boost its national footprint.

Mark added: “The recent developments have positioned us well for our next phase of expansion, with the right infrastructure and team in place to enable us to scale further.

“We’re proud of our team for their achievements and even more excited about what the future has in store.”

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