The nation is in the midst of a serious skills shortage, and it’s costing UK businesses an estimated £6.3bn every year, according to a report by The Open University.
New research by the British Chambers of Commerce, in partnership with global job site Indeed, reveals the increasing time it’s taking businesses to recruit the skills they need, emphasising the importance of removing blockers in the training system to develop a pipeline of talent.
Attempted recruitment in services firms at lowest for 25 years
The British Chambers of Commerce’s quarterly economic survey – the UK’s largest private sector survey of business sentiment, and a lead indicator of UK GDP growth - shows little to be cheerful about as growth flatlines and business confidence weakens.
Chamber business leaders from across the United Kingdom have today written to the Prime Minister calling for a renewed focus on tackling the barriers to growth and investment in the United Kingdom - and a radical plan for action.
Luton Council have built a new skills platform, and are now at a stage to add your organisation (if you wish) on to the system.
Luton continues with its ambitious plans to transform the town with the launch of its new skills programme for young people.
With the UK manufacturing PMI and CBI SME trends survey out today, Atul Kariya, head of manufacturing at MHA MacIntyre Hudson, comments on the urgent need to address the growing skills crisis threatening the sector:
Six months after its introduction, businesses remain in the dark about how best to utilise the Apprenticeship Levy, according to a survey released today by the British Chambers of Commerce (BCC), in conjunction with Middlesex University London.
Half of UK businesses have faced skills or labour shortages in the last year, but only a minority are actively looking overseas to fill vacancies, according to a survey released today by the British Chambers of Commerce (BCC), in partnership with Middlesex University London.
