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February 16 2015

Half of British Businesses Are Planning to Expand Their Workforce in 2015

One half of British businesses are planning to expand their workforce in 2015, with jobs projected to be created in all UK regions, and permanent jobs outstripping temporary work, according to a new survey conducted by the CBI and Accenture. There is concern, however, that skills gaps could prevent some of those jobs being filled and threaten UK competitiveness. It is also feared that new regulation may damage job creation in the UK 's flexible labour market. Additionally, the survey reveals that pay rises are anticipated in 2015, though at a cautious rate, reflecting weak productivity and competitive pressures. The research underlines also the vital role played by the UK 's flexible labour market in underpinning growth and job creation, which the CBI is urging the next Parliament to preserve.