Over half (58%) of UK contractors are very concerned that Brexit, whatever form it takes, will harm their careers, according to new research. There are around 1.8 million full-time contractors in the UK, bringing around £119bn to the UK economy.
However, the report conducted by ContractorUK, found that nearly two thirds (59%) of UK contractors think Brexit will negatively impact the work they do in the UK – with half (50%) believing there will be a lack of contractor job openings available in their field post Brexit.
The study further found that 38% believe their income will decline in the aftermath of Brexit.
A quarter (25%) of respondents fear there will be restrictions on getting work visas for European countries, with 44% saying this will impact the contracting work they are able to do in the EU.
Overwhelmingly, British contractors (69%) do not think Brexit will benefit their careers or create opportunities for contractors in the future.
Anthony Sherick, MD of ContractorUK commented on the findings: “Contractors are crucial for plugging the widening IT skills gap, delivering crucial projects and fuelling growth in the digital economy. If we do not ensure that contractors are protected from the potential negative fallout of Brexit, we risk damaging not only their personal careers and lives but the UK economy as a whole. The government and businesses must recognise that contracting’s success enhances the UK’s global appeal. Contractors must be provided reassurances for their future post Brexit.”