Changes to the off payroll rules, commonly known as IR35, that were introduced earlier this year are the forgotten factor driving the HGV crisis, according to the Association of Independent Professionals and the Self-Employed (IPSE). IPSE has urged the government to repeal the changes to IR35 and at the very …
Chancellor warned of redundancies as furlough scheme ends
The government’s Coronavirus Job Retention Scheme (CJRS) ends today (30 September) after supporting millions of workers during the pandemic. The government said the wages of more than 11 million people were subsidised for at least some of the scheme’s duration at a cost of around £70 billion. There is now …
CBI survey finds three quarters of firms worried about labour shortages
A survey carried out by the Confederation of British Industry (CBI) has revealed that three quarters of UK businesses are concerned about the impact of labour shortages on competitiveness. The survey found that 87% of firms are planning on recruiting this year, and seven in ten businesses are planning to …
Staff shortages could continue for two years, warns CBI
Labour supply problems could last for up to two years and will not be solved by the end of the Coronavirus Job Retention Scheme (CJRS), the Confederation of British Industry (CBI) has warned. The CBI said that although a lack of HGV drivers has dominated the headlines, the challenge extends to many other skilled professions. Marrying skills policies …
UK recovery slows as staff shortages take their toll
Staff and supply shortages have taken their toll on the UK’s economic recovery this month, according to the latest IHS Markit/CIPS Purchasing Managers’ Index (PMI). August’s PMI hit a six-month low of 55.3, down from 59.2 in July. A score above 50 indicates growth, however the post-pandemic recovery appears to …
CBI warns of ‘perfect storm’ of staff shortages
UK businesses face a ‘perfect storm’ of factors causing staff shortages, the Confederation of British Industry (CBI) has warned. The CBI highlighted issues ranging from the paradoxical effects of the furlough scheme to EU workers not returning to the UK amid the coronavirus (COVID-19) crisis. Hauliers, hospitality, and food and …