💙 🔷 Not impressed by Big Tech in Q3? Explore these Blue Chip Bargains insteadUnlock them all

UK building firms face worst recruitment problems, survey shows

Published 07/15/2024, 05:35 PM
Updated 07/15/2024, 05:41 PM
© Reuters. FILE PHOTO: A crane is seen above some high rise building construction works at Lewisham, in London, Britain October 10, 2017. REUTERS/Afolabi Sotunde/File Photo

LONDON (Reuters) - Construction and engineering firms are bearing the brunt of Britain's shortage of workers, according to a survey that underscores the challenge for Prime Minister Keir Starmer to meet his plans to boost home-building and infrastructure.

The British Chambers of Commerce's (BCC) quarterly recruitment survey showed 82% of construction and engineering businesses reported recruitment difficulties, up from 69% in the first three months of this year.

The problem - which is not unique to Britain - was almost as severe in other sectors with nearly 80% of transport and logistics firms and production and manufacturing companies facing similar problems, all up from early 2024.

"It's alarming that recruitment difficulties have increased in recent months across all sectors," said Jane Gratton, the BCC's public policy director. "The very sharp rise in the construction industry is particularly worrying."

© Reuters. FILE PHOTO: A crane is seen above some high rise building construction works at Lewisham, in London, Britain October 10, 2017. REUTERS/Afolabi Sotunde/File Photo

Starmer has promised to increase house building and infrastructure investment by clearing away obstacles in Britain's planning system. However, he has also promised to bring down net migration despite warnings from some business leaders that such a move will compound hiring problems.

The BCC survey was based on responses from 4,761 firms - 91% of them small and medium-sized businesses - received between May 13 and June 10.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.