Confidence returns among UK bosses

Confidence returns among UK bosses
UK employers are increasingly confident that the economy will improve as the country gets over the disruption caused by the Omicron wave of coronavirus, a new survey has found.
The Recruitment and Employment Confederation (REC) said confidence in the economy rose 6 points to a net level of -5 in the three months to January 2022, and was +1 in January.
“This suggests more positive expectations for the economy in 2022, despite the threat of rising inflation and labour shortages,” REC said.
Hiring intentions in the short term increased by 4 points to +24, with demand stronger for temporary rather than for permanent workers.
Neil Carberry, the REC’s chief executive, said businesses should make an effort to attract candidates from a wider variety of backgrounds. “Hybrid and remote working will be one part of that – we know that more workers are demanding it,” Carberry said. “But other benefits, conditions and development opportunities are also vital parts of a successful people strategy.”
REC’s survey of 600 employers was conducted between 5 November and 26 January.