News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Brexit

Competition watchdog faces post-Brexit staffing crisis as auditors call for stress tests

Auditors fear key work will have to be pushed back if the CMA cannot bring in enough specialist staff

NAO calls on regulators to check if their pre-Brexit transition plans are still appropriate
NAO calls on regulators to check if their pre-Brexit transition plans are still appropriate Photo: Alamy

The Competition and Markets Authority is struggling to recruit specialists in the wake of Brexit, a new report by the National Audit Office found.

Around a quarter of legal services and economics posts in the CMA are vacant, according to a major NAO report published on 18 May reviewing how the competition watchdog and other regulators are faring following the UK's exit from the EU.

WSJ Logo