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UK employers scale back hiring plans for 2021

Christian Fernsby ▼ | September 18, 2020
Far more British businesses than last year are planning to cut recruitment of new staff or freeze hiring entirely over the next 12 months, following the hit from the coronavirus pandemic, a survey showed on Friday.
UK street
Scale back   UK street
The findings represent a sharp turnaround from last year, when a large majority of companies said they intended to keep up or better their rates of recruitment.

The annual report from the Confederation of British Industry and the Pertemps Network Group recruitment consultancy showed 51% of companies planned to maintain or increase recruitment next year, while 46% foresaw a reduction or a complete stop.

The net balance of +5% compared with +56% in last year's survey.