Unfilled vacancies piling further pressure on business

Jul 19, 2022

Commenting on the latest ONS Labour Market statistics released today, BCC Head of People Policy, Jane Gratton, said:    

“The labour market remains incredibly tight, in many cases affecting firms’ ability to maintain normal operations.  Although these figures show the employment rate has risen it is having no noticeable impact on the overall number of job vacancies.  

“The problems in the labour market are restricting growth and choking off any hope of a recovery for many firms; as inflation, supply chain disruption and energy costs also add to their headaches.   

“But there are several avenues open to businesses and the government to shift this data in the right direction.       

“We need to bring more economically inactive people back into the UK labour market by offering flexible working practices, rapid re-training opportunities and a focus on workplace healthcare and support. 

“The Government must also reform the Shortage Occupations List criteria to include more jobs at more skill levels to give firms breathing space to train and upskill their workforce. 

“The huge number of vacancies is holding back productivity and growth, and employers are at their wits’ end.” 

Export Advise Hub: Incoterms® and Russian sanctions

Export Advise Hub: Incoterms® and Russian sanctions

Question: Just before the Russian invasion of Ukraine we were in the process of preparing a shipment to go to Yoshkar-Ola in Russia. We were using Incoterm® FCA for this shipment, as we understand Ex works doesn’t work well for shipments being exported outside of the...

read more
WTO issues new edition of World Tariff Profiles

WTO issues new edition of World Tariff Profiles

Jointly prepared with the International Trade Centre and the United Nations Conference on Trade and Development (UNCTAD), the 2022 edition of World Tariff Profiles has been issued by the World Trade Organisation (WTO). It provides comprehensive information...

read more

Our Patrons.