CBI survey finds three quarters of firms worried about labour shortages

21 Sep 2021

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 increase pay in line with or above inflation.

Three in five firms are retaining coronavirus (COVID-19) safety measures in order to support employees in returning to offices.

Matthew Fell, Chief Policy Director at the CBI, said: 'After a challenging year it's encouraging to see the jobs market rebound. With demand returning, businesses both small and large have put their recruitment plans into action. But as the UK's labour market emerged from one crisis, it's been plunged into another, with shortages holding back growth.

'Whilst firms have been stepping up to address labour shortages through further investment and training, these steps take time and do little to ease the pressure firms are facing now. From logistics to hospitality, firms are feeling strain across the whole economy, and expect this to continue not just for two months but two years.'

Environmental Policy | Privacy Notice | Accessibility | Disclaimer | Help | Site map | © 2021 Davis Bonley Limited. All rights reserved.

Davis Bonley, Northside House, Mount Pleasant, Barnet, Hertfordshire EN4 9EE , Davis Bonley is a trading name of Davis Bonley Limited, Northside House, Mount Pleasant, Barnet, Herts EN4 9EE. Company registration number 08989322. Regulated as auditors and regulated for a range of investment business activities by the Association of Chartered Certified Accountants. Awarded approved employer status for Association of Chartered Certified Accountants trainee and practising certificate development.

We use cookies on this website, you can find more information about cookies here.

Payroll Services Barnet