A survey carried out by the Institute of Directors (IoD) has found that three in ten businesses plan on employing fewer people as a result of the increase in national insurance contributions (NICs). Last month Prime Minister Boris Johnson announced plans to supply an additional £12 billion per year for …
IoD warns staff shortages ‘could undermine recovery’
The Institute of Directors (IoD) has warned that staff shortages could impact the UK’s economic recovery from the coronavirus (COVID-19) pandemic. A survey of over 700 directors carried out by the IoD found that 44% of firms are currently experiencing staff shortages. 65% of businesses attribute the shortages to the …