CFOs see labour shortages and supply disruptions persisting

Finance leaders believe that the labour shortages and supply disruptions British businesses are experiencing now are likely to persist for a year, with no meaningful easing until late 2022

The majority of CFOs experienced labour shortages over the past three months with three-quarters reporting some, severe or significant recruitment difficulties. Almost the same proportion (73%) expect similar levels of difficulties in one year’s time, according to Deloitte’s UK CFO Survey Q3 2021.

Meanwhile, over the last three months, almost six in 10 CFOs (59%) report that their businesses have experienced some, significant or severe supply chain disruption, with just over a quarter saying that this was significant or severe.

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