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Companies' confidence 'boosted by Brexit delay'

Employers' confidence in the economy and in their ability to hire and invest has started to improve since the Brexit deadline extension, according to a study. (Victoria Jones/PA)
Employers' confidence in the economy and in their ability to hire and invest has started to improve since the Brexit deadline extension, according to a study. (Victoria Jones/PA)

By Alan Jones

Employers' confidence in the economy and in their ability to hire and invest has started to improve since the Brexit deadline extension, according to a study.

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The Recruitment and Employment Confederation's research showed confidence was moving to "positive territory".

Hiring intentions for temporary agency workers continued to rise, according to the survey of more than 600 employers.

Chief executive Neil Carberry said: "The survey shows businesses believe in their prospects and are ready to grow if the pall of uncertainty is removed.

"The contrast between employers' view of their prospects and their view of the wider picture remains stark, however.

"Resolving this will require cool heads through the summer and autumn, so that companies can rely on a smooth and stable new relationship with the EU, not the chaos of a no-deal exit."

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