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UK – May delays Brexit vote, CBI calls for clarity

10 December 2018

A vote on Prime Minister Theresa May’s Brexit deal was delayed, possibly until as late as January, according to news reports. Parliament had been scheduled to vote on it today, but the vote was put on hold amid concerns that May didn’t have enough votes. The news comes amid a new study that found the UK economy could lose 750,000 jobs f the country fails to secure a close trading relationship with the European Union.

The study by the UK Trade Policy Observatory found the job losses will be concentrated in cities and large towns. The report also looks at job losses by parliamentary constituencies.

May’s delay was blasted by the Confederation of British Industry.

“This is yet another blow for companies desperate for clarity,” CBI Director-General Carolyn Fairbairn said in a statement on Monday. “Investment plans have been paused for two and a half years. Unless a deal is agreed quickly, the country risks sliding towards a national crisis.”

Fairbairn continued: “politicians on both sides of the Channel need to show leadership, by building consensus to protect both the UK and EU’s prosperity. No one can afford to head into Christmas with the threat of no-deal costing jobs and hitting living standards.”

Separately, a report this week by Guidant Global found that 39% of hiring managers reported Brexit that has impacted access to talent.

Brexit is a subject of concern for the recruitment industry and was also a topic discussed at the Staffing Industry Executive Forum Europe held last month in London. However, Brexit ranked behind IR35 and the General Data Protection Regulation in terms of concern among recruitment firms in a survey by Staffing Industry Analysts.