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Monday 10 September 2018 8:54 am

Businesses lack information for post-Brexit planning, research says

By: Jessica Clark

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Post-Brexit recruitment strategy planning is “at a standstill” as businesses do not have enough information to draw up proposals, according to new data.

More than half of UK businesses said they cannot make post-Brexit recruitment strategy decisions based on the information currently available, research by staffing agency Adecco and human resources body CIPD found.

Read more: European Investment Bank considering capital increase

The Labour Market Outlook report said 44 per cent of companies have not taken any action related to the workforce yet, and only 29 per cent of UK businesses are confident about the information they have.

Adecco Group UK and Ireland head Alex Fleming said: “Our tracker shows that post-Brexit recruitment planning is coming to a standstill because businesses don't have enough information to make informed plans.

“It is still yet to be seen whether the government's recent Brexit strategy white paper will create an uplift in certainty.

“We suggest that businesses take the initiative now, and start planning for a variety of Brexit outcomes.”

London was the third most confident region in terms of planning for Brexit with 33 per cent of businesses in the capital indicating that they have enough information to plan for leaving the European Union.

Organisations in the Midlands had the most confidence overall, at 35 per cent, followed by the south of England with 34 per cent.

Fleming continued: “Those organisations that openly talk about Brexit to their workforce are better placed to understand the make-up of their teams, and areas that might be of concern after the UK leaves the EU."

Read more: Sterling rises as Barnier sounds positive notes on Brexit

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