William goes on walking tour with firm supporting his homelessness project

The Prince of Wales went on a walking tour of Aberdeen with a homeless-friendly employer now working in the city.
William's Homewards project, which aims to eradicate homelessness in all its forms, is supporting Invisible Cities Aberdeen, a social enterprise offering walking city tours across the UK guided by people who have experienced homelessness.
The future king spent around 30 minutes on the streets of Aberdeen, affectionately known as the granite city, as he walked from a reception with young people starting on the employment ladder to an event celebrating the work of Invisible Cities.
William began his day in Scotland by launching a new partnership between his homelessness project and a major recruitment firm to provide employment opportunities for those without a permanent home.
Hays, a global recruitment firm, has become an official supporter of the prince's Homewards project, which is working in six locations across the UK.
Hays has committed to supporting Homewards by securing commitments for employment opportunities within the firm.
The prince, also known as the Duke of Rothesay in Scotland, joined a group of young people in a workshop discussing Project Flourish, a youth employability programme, created by Hays and EveryYouth – a national youth charity for those who are homeless or at risk of losing their home.
William sat at a table and discussed job prospects with young people, and after some told him they had been looking for work for up to two years, the prince replied: 'I think things are pretty demoralising having waited so long and keep getting rejected, that's going to get you down.'

Try Our AI Features

Explore what Daily8 AI can do for you:

Learn with AIFact CheckingText to SpeechAI Summary

Related Articles

Yahoo

10 hours ago

• Yahoo

Hays (LON:HAS) Will Be Hoping To Turn Its Returns On Capital Around

When researching a stock for investment, what can tell us that the company is in decline? More often than not, we'll see a declining return on capital employed (ROCE) and a declining amount of capital employed. This indicates the company is producing less profit from its investments and its total assets are decreasing. And from a first read, things don't look too good at Hays (LON:HAS), so let's see why. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. To calculate this metric for Hays, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.043 = UK£32m ÷ (UK£1.7b - UK£969m) (Based on the trailing twelve months to December 2024). Thus, Hays has an ROCE of 4.3%. Ultimately, that's a low return and it under-performs the Professional Services industry average of 17%. See our latest analysis for Hays In the above chart we have measured Hays' prior ROCE against its prior performance, but the future is arguably more important. If you'd like to see what analysts are forecasting going forward, you should check out our free analyst report for Hays . We are a bit worried about the trend of returns on capital at Hays. To be more specific, the ROCE was 24% five years ago, but since then it has dropped noticeably. On top of that, it's worth noting that the amount of capital employed within the business has remained relatively steady. This combination can be indicative of a mature business that still has areas to deploy capital, but the returns received aren't as high due potentially to new competition or smaller margins. If these trends continue, we wouldn't expect Hays to turn into a multi-bagger. On a side note, Hays' current liabilities have increased over the last five years to 56% of total assets, effectively distorting the ROCE to some degree. If current liabilities hadn't increased as much as they did, the ROCE could actually be even lower. And with current liabilities at these levels, suppliers or short-term creditors are effectively funding a large part of the business, which can introduce some risks. All in all, the lower returns from the same amount of capital employed aren't exactly signs of a compounding machine. It should come as no surprise then that the stock has fallen 31% over the last five years, so it looks like investors are recognizing these changes. Unless there is a shift to a more positive trajectory in these metrics, we would look elsewhere. If you'd like to know about the risks facing Hays, we've discovered 1 warning sign that you should be aware of. For those who like to invest in solid companies, check out this free list of companies with solid balance sheets and high returns on equity. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Yahoo

2 days ago

• Yahoo

Recruiter Hays warns global slump in hirings will halve its profits

A slump in hiring activity at businesses around the world means profits will more than halve at Hays, the global recruitment company has warned, sending its shares down more than 10%. Demand for new permanent staff has fallen sharply, reflecting 'low levels of client and candidate confidence as a result of macroeconomic uncertainty', Hays told investors in an unscheduled update. The recruiter, which finds workers across the world for corporations such as Airbus and Sony, now expects its pre-exceptional operating profit to be about £45m for its current financial year, compared with City expectations of £56.4m. Last year Hays reported a profit of £105.1m. Analysts at the broker RBC Capital Markets said in a note: 'This is not wholly unsurprising given the enhanced macro-political uncertainty, and the fact that new job inflow is reducing … it is clear that a recovery is unlikely anytime soon.' Hays said it expected like-for-like net fees to be down 9% in the final quarter of its financial year. Fees from the permanent job market were expected to drop by 14%, with temporary and contracting work down 5%. Shares in Hays fell by as much as 20% in early trading on Thursday, sending it to the bottom of the FTSE 250 index of medium-sized companies and to its lowest level in 13 years. The shares pared back the loss over the course of the morning, trading down 11% by midday. The warning also pushed shares in the rival recruiter PageGroup, which generates just under three-quarters of its fees from permanent hiring, down by 8%. Shares in its Dutch rival Randstad also dropped by 4% in early trading. Hays said that in Germany, which made up about two-thirds of the company's operating profit in 2024, temporary hiring was also affected because of its high exposure to the car industry. The sector was already struggling, with profit warnings at BMW and Mercedes and moves to shut factories at Volkswagen, and has been hit further this year by the uncertainty around US trade tariffs. Hays said it expected net fees to drop 13% in the UK and Ireland, and by 9% in Australia and New Zealand. This month, official figures showed that more than 250,000 jobs have been lost in Britain since Rachel Reeves's autumn budget. Separate figures from the Office for National Statistics showed that the UK unemployment rate rose to 4.6% in the three months to April, up from 4.5% in the previous three-month period, to reach the highest level since July 2021.

Bloomberg

3 days ago

• Bloomberg

Stock Movers: Whitbread, Hays, Watchmakers

On this episode of Stock Movers: -Whitbread reported comparable sales for the first quarter of -1%. - Hays slumps as much as 20%, the most in nine years, sending the staffing firm's shares to their lowest since October 2008. The company released an unscheduled update, saying that current tough market conditions would persist into FY26, with permanent recruitment activity levels especially weak. - European luxury stocks drop, led by Richemont and Swatch, after a report showed Swiss watch exports fell 9.5% in May, driven by US downturn following a strong month of April.