The latest quarterly economic survey by the British Chambers of Commerce shows almost three quarters (71%) of service sector companies reported recruitment difficulties in the last three months of 2017, which is the highest figure since records began. And 75% of firms in the manufacturing sector also reported recruitment difficulties in the same time period. Of these, skilled manual labour was the leading area of recruitment difficulties (68%). The survey also shows that growth in the British economy remains subdued, with almost all services indicators below their pre-EU referendum levels and the strong performance of manufacturers easing slightly in the final quarter of 2017. And the findings of the survey indicate the skills shortages are reaching ‘critical’ levels. According to the British Chambers of Commerce (BCC), the results emphasise the need to kick-start the economy by addressing the growing skills gap, which is hindering the ability of companies to find … (To read the full article, subscribe below)

Jamie Hailstone

Senior reporter – NewStart