| Topic: | Re:Re:Re:Re:Re:Re:Re:Re:Re:Holiday prices soar | |
| Posted by: | Paul Corcoran | |
| Date/Time: | 10/07/16 08:05:00 |
| Steve, Bernard asks a reasonable question and his meaning is not ambiguous. Your point would be more credible if you gave specific examples. As far as I can see there have been very few Brexit related redundancies as yet. Lloyds and Shell have announced significant job losses but these may well have happened regardless of the vote. The only Brexit specific redundancies I have heard of are at the large architectural practices, Make and Sheppard Robson. For every single job lost there you can assume that at least a dozen has gone from the construction industry. However, you can't claim that just because not many redundancies have been announced so far that they are not going to happen. I have yet to come across any firm that hasn't instituted a hiring freeze after Brexit. The median estimate for job losses in finance is around 60,000. For reputational reasons most of these will go unannounced and many will actually be transfers of roles to Europe. Most companies seem to be adopting a wait-and-see attitude and hoping that the Government won't be insane enough to take us out of the single market. In the meantime most investment and expansion will take place in other countries. |