The Covid-19 pandemic has had a dramatic effect on the UK Temporary Staffing and Contracting industry. Hiring companies tightened their belts and staff were laid off to reduce costs. Some of the sectors hardest hit by the pandemic such as hospitality, retail and leisure, have traditionally relied heavily on low cost, flexible labour.
In this article, Channel’s experts look at the outlook for the industry going into 2022, what the impact may be on the working capital requirements of Temporary Staffing and Contracting Agencies and what funding options are available to support these companies as they emerge from the pandemic.
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