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UK to lose top talent if start-up scheme is not amended

UK firms, worried about pandemic and Brexit, hire temp workers

By Reuters Staff LONDON (Reuters) -

 

 

British firms hired temporary staff in August at the fastest pace since the end of 2018 as they tried to recover from the COVID-19 lockdown but remained wary of the pandemic and the Brexit impasse, a recruiters industry group said.

FILE PHOTO: Workers cross London Bridge during the morning rush hour in London, August 16, 2017. REUTERS/Toby Melville

There was also a jump in the availability of candidates which rose at the second-steepest rate in over 20 years, reflecting redundancies announced by many companies in Britain.

Billings from temporary hirings rose for the first time in seven months, the Recruitment & Employment Confederation and accountants KPMG said on Wednesday.

Employers typically rely on temporary workers at times of economic uncertainty.

There was also a rise in billings from companies hiring permanent workers in August but the increase was worryingly small, the REC said.

“It reflects the uncertainty businesses face about what will happen over coming months with the pandemic and Brexit,” Neil Carberry, the chief executive of the REC, said.

Carberry urged the government to settle its differences with the European Union and strike a trade deal.

Author: Carl Wilson
Date: 15 Jun 2020
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