Brexit, Trump, debt bubbles, global warming and cricket will continue to dampen confidence in the UK in 2019 – until China buys us. This makes it easy to predict that the cautious will remain so and the innovative will increase the gap.
Many CFOs do not see innovation as mission critical. This will continue to prove fatal in an industry where the pace of change is increasing. Standing still is the new going backwards. That’s not attractive for aspiring talent. It’s a tricky balance in challenging times but you have to worry about some of the ostriches out there – especially the ones that say they are flying high – or worse still, think they are! The innovative and financially prudent – there’s a rare combination to look out for.
Jobs could increasingly be defined by salary rather than experience. The demand for experienced people would not be met and opportunities for the less experienced would grow. We have already seen this trend beginning in the last quarter of 2018.
Private investment into the UK will remain subdued. This will obviously create more dependency on public sector projects. UK Gov. Ltd. seems confident to invest so we shouldn’t see any drastic ‘overall’ slow down.