Businesses across all sectors are facing significant and increasing difficulties in recruitment, which Brexit may exacerbate even further, according to the latest figures from the British Chambers of Commerce (BCC).
The organisation’s influential quarterly economic survey, which polled 6,000 companies across the UK, found both hiring and broader development and availability of skills were under pressure amid an economy that began 2019 in a “weak holding pattern”.
Manufacturing was a particular pinch point, with 81 per cent of firms in the sector reporting recruitment difficulties, the joint highest level ever recorded in the survey.
At the same time they are being hit with rising costs and a reduction in sales. This perfect storm could send many businesses to the wall.
This worrying information was gathered by the BCC (British Chambers of Commerce).
It is also bad news for the consumer as the increase costs will likely see a rise in prices, to keep businesses profitable.
The proportion of services firms saying sales were increasing has dropped to a two year low.
Four fifths of employers in manufacturing, and almost as many in the service sector, reported difficulties in finding the right workers.
Dr Adam Marshall, Director General of the BCC, said: “Business concerns about the government’s recent blueprint for future immigration rules must be taken seriously – and companies must be able to access skills at all levels without heavy costs or bureaucracy.”
Suren Thiru, Head of Economics at the BCC, said the UK economy was facing “persistent Brexit uncertainty and rising cost pressures”.
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