LONDON- British employers are their most confident about the economy in almost five years, helped by the lifting of coronavirus restrictions, a survey showed on Wednesday, but the lack of staff to fill jobs is a growing problem.
The Recruitment & Employment Confederation’s measure of business confidence surged by 21 percentage points to a net reading of +11.
That was the highest level since July 2016, shortly after Britain voted to leave the European Union, and the first time the index was in positive territory since 2018.
“This surge in employers’ confidence in the UK economy is remarkable,” Neil Carberry, REC chief executive, said.