Your round-up of the stories that you should discuss at interview this week.
- Employment Law
Impending skilled labour shortage in the aftermath of Brexit
Reported by Radhika Morally
Theresa May’s plan to massively reduce immigration after Brexit is suggested to have a massive impact on the British economy according to the most recent studies.
This situation has been described as the ‘biggest challenge yet’ for British businesses recruiting skilled labour in a decade, considering the combination of high unemployment rates and the drastic fall of the value of the pound, along with the uncertainty for EU nationals in the UK.
According to a survey by Lloyds, the impact has already begun. 52% of 1,500 UK companies surveyed in May said that they have experienced difficulties in recruiting unskilled labour during the past six months compared to 31% in January.
Hence the need for caution when approaching negotiations with the European Union about immigration levels. Research from an independent consultancy, RepGraph, concluded that a “blanket approach to reducing migration” focusing on low-skilled workers could have “a doubly negative impact” by both withdrawing a critical labour supply and exacerbating existing skills shortages. The report therefore supported the above-mentioned survey results by suggesting that the UK has a desperate need for low-skilled employees, which is only set to increase as Brexit gets increasing closer.
Therefore, the Government’s target to reduce annual net migration to under 100,000 would affect certain sectors in particular which are already experiencing shortages, including accommodation and food, administration and support, wholesale, retail and vehicle repair, manufacturing and construction.
Such shortages have been highlighted in Lloyds’ findings, which highlighted that the number of seasonal workers coming to the UK this year has dropped by 17%.
In light of these issues, the UK Prime Minister, Teresa May, last year appointed Matthew Taylor to lead a review into modern employment and is due to report in the upcoming weeks.
SpaceX successfully completes two rocket missions over the weekend
Reported by Ben Thatcher
SpaceX, a US rocket company, successfully completed two back to back launches over the weekend. On Friday, a refurbished Falcon 9 rocket was launched from Florida. It boosted a communications satellite for Bulgaria into orbit. It was recovered after landing on a drone ship in the Atlantic Ocean. According to the BBC News report, the rocket had a particularly hard landing and looked bent over on the live video feed. On Twitter, Elon Musk, chief executive of the company, stated: “Rocket is extra toasty and hit the deck hard (used almost all of the emergency crush core), but otherwise good.”
On Sunday, a brand new Falcon 9 rocket launched from California carrying 10 communication satellites into orbit for Iridium, a mobile telecommunications company. Approximately seven minutes after it was launched, the rocket successfully landed on a drone ship in the Pacific Ocean. SpaceX has another six launches planned with iridium as they plan to replace their global network of satellites.
SpaceX wishes to recover boosters and other components where possible to try and reduce costs. The company has now had 13 landing successes for the missions where it sought to recover a booster, including these two launches.
- Family Law
Queen’s speech announced draft bill on domestic violence and abuse
Reported by Anna Flaherty
On the 21st June, the Queen made her already delayed speech. Now that the Conservatives have retained power, they may continue ahead with their plan to put forward this new bill. The Queen’s speech has told us that this involves establishing “a Domestic Violence and Abuse Commissioner” (i.e. a watchdog), defining domestic abuse in law so as to assist the judiciary, and to create harsher sentencing where the abuse involves a child. The government suggests that this will create a better regime. The watchdog will be able to hold police and the criminal justice system to account. The overall aim of this new bill has been said to be to encourage victims to come forward, as it is thought that only 1 in 5 do so. However, in response to this proposed bill, the Labour party suggested that there is increasing abuse instigated by acquaintances of the victims, rather than “in homes” as Theresa May was quoted saying. Whether or not this legislation will be a success is yet to be seen, if it is passed.