Employer confidence in the UK economy has dropped to the lowest level since the EU referendum, according to the latest JobsOutlook survey by the Recruitment & Employment Confederation (REC), released tomorrow [Wednesday].
Kevin Green, the REC’s chief executive, said “so far the Brexit negotiations have not resolved any of the core issues.” He went on to say: “An early agreement on the settlement of EU nationals already working in the UK would be a step in the right direction. The vast majority of EU nationals residing in the UK come here to work and make a valuable contribution to our economy.”
Commenting, Pat McFadden MP, leading supporter of Open Britain, said:
“Yet again the evidence is clear that British businesses are losing confidence in this Government’s plan for a hard and extreme Brexit.
“Their plan for a crackdown on immigration from Europe will leave employers and our National Health Service short of the workers they need, while their choice to pull out of the Single Market and the Customs Union will erect barriers to trade and damage our companies.
“To protect growth and jobs, the Government urgently needs to change course. Theresa May needs to set out a new approach in her Florence speech on Friday, or businesses and our whole economy will continue to suffer.”