CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow Skills gap wider in London than the rest of the UK
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines

Headlines

 
Commercial Credit News

Headlines

 
Skills gap wider in London than the rest of the UK PDF Print E-mail
Monday, 09 January 2017
More than two-fifths of small business owners in the UK (43%) have experienced challenges in recruiting the right staff needed for their business, according to the latest Aldermore SME Future Attitudes report, a survey conducted amongst 1,000 SMEs across the UK.

The challenges faced by businesses when recruiting staff are most significant in London and the South East, where 55% of SMEs experienced difficulties compared to 36% of companies in the East Midlands. Looking at specific industries, the construction sector faces the greatest challenges with 61% finding it difficult to recruit the right people. Of these, nearly two fifths (39%) stated that finding staff with relevant experience was the most prominent reason for their difficulties.

The overall situation could worsen once the UK leaves the EU, with 22% of SME owners who think that Brexit will have a negative impact on their business stating that attracting and recruiting EU workers could become more difficult.

Not being able to recruit the right talent could endanger the growth plans of the UK’s SMEs on the basis that nearly a fifth (16%) of SMEs who expect their revenues to grow in the next 12 months said they are planning to recruit new staff in order to boost production and grow revenues.

Carl D’Ammassa, Aldermore’s Group Managing Director, Business Finance, said: “The SMEs most affected by the skills gap are located in Yorkshire, London and Wales and are interestingly the larger SMEs, employing between 100-249 people. SMEs operating in the construction sector have experienced particular difficulties recruiting the staff they need, and it is a similar story in the agriculture sector.

“One area that firms can focus on to close the skills gap is by supporting training and development for their existing staff. In particular, the Department for Business, Innovation and Skills has previously highlighted a shortage of digital skills as a challenge for many businesses and this is an area that we would urge the Government to continue to focus on.”
 
CCRI
3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas
CCRI 

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards

Awards 

Tuesday 3 October - Guoman Tower Hotel, Central London


Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.


To book your place to attend, please contact Alison Lucas.


subscriptions

CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


 

Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road
Southend-on-Sea
Essex
SS1 1EP

Registered in England No: 05483197