In 2024, the UK’s exports of goods and services totalled £873 billion, according to the House of Commons Library. Services accounted for £409 billion of that figure, highlighting the UK's strength in sectors like finance, consulting, and talent acquisition.
As the UK recruitment market becomes increasingly competitive, agencies must think differently. Economic pressures, tighter margins, and a more cautious client base are driving recruiters to explore new growth areas. International markets are a prime opportunity.Working with contractors and clients globally can unlock new revenue streams, diversify risk, and give your agency a competitive edge. But international growth also brings administrative and financial complexity. That is where Giant Finance+ comes in.
We help simplify back-office processes and provide export finance tailored to the recruitment sector, enabling you to expand across borders while staying compliant and in control confidently.
Why agencies are going global
- Access to global talent
A 2024 LinkedIn report found that 73% of recruiters are hiring talent across borders to meet client needs. Remote work has broken down geographical barriers, and agencies that can source talent globally are more in demand than ever. - Diversified income
Agencies working internationally are 27% more likely to report consistent revenue growth compared to those focused only on domestic markets, according to Bullhorn’s Global Recruitment Trends Report 2024. - Staying competitive
Offering a global reach positions your agency as a strategic partner. With international capabilities, you can support clients expanding into new territories or help them tap into specialist skills not available locally.
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The challenges of global expansion
Of course, working internationally is not without its challenges:
- Managing overseas contractor payments and multiple currencies
- Navigating different tax laws, employment regulations, and compliance risks
- Invoicing, chasing payments, and dealing with time zones
- The risk of non-payment, especially in jurisdictions with weaker debt enforcement frameworks
According to UK Export Finance, 60% of UK SMEs cite late or non-payment as a key concern when trading internationally. These challenges can stretch internal resources and introduce financial risk.
That is why having the right partner is crucial.
How Giant Finance+ supports your success
At Giant Finance+, we take care of the export finance and back-office functions that support international growth:
- Multi-currency contractor payments
We ensure your contractors are paid accurately and on time in multiple countries and currencies.
- International invoicing and credit control
We handle all billing and collections, giving you clear cash flow visibility while saving you time.
- Compliance and tax support
From UK-specific rules like IR35 to international regulations, we help you stay compliant in every market.
- Systems
Our in-house agency-branded system manages all of your pay and bill requirements for a streamlined, scalable solution.
- Bad debt protection
We offer protection against client non-payment even overseas, giving you peace of mind and reducing financial risk.
Grow globally with confidence
As UK market conditions tighten, adaptability is key. Expanding globally is not just an opportunity; it is a strategic move for long-term growth.
With Giant Finance+ as your partner, you can focus on sourcing talent and winning clients while we handle the finance, compliance, and risk.
Let us talk about how we can help your business go global.
