Highland Spring Jan 20, 2018
There are other hidden impacts also. For example if banks tighen credit to companies in similar sectors that will put additional pressure on companies already suffering from the "cauldron of costs" from the living wage and auto enrolment through to Business Rates rises.

The only good thing I can say is that the job market is tight with unemployment at a 40 year low so likely as not good people will find jobs promptly.

Its not a good picture though