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#Brexit nerves weigh on UK employers

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7 years ago

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Switzerland's Adecco, which bills itself as world's largest temporary staffing firm, confirms with its Q2 results statement how much hiring sentiment in Britain is being hit by the Brexit uncertainty. It told Reuters that both temporary and permanent recruitment were falling as companies sought in vain for the clarity needed to push on with their strategies, write Mark John and Mike Dolan.

Separately, a Reuters poll shows that City analyst expectations for a no-deal Brexit are rising: The median odds ascribed to that outcome are now 35%, up from 30% given in July and the highest since Reuters began asking this question two years ago.

Almost as interestingly, the full poll results show how difficult it is proving to see through the fog: overall, no-deal forecasts ranged from as low as 15% to a high of 75%.

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