Lack of skilled staff holding back SME growth

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Lack of skilled staff holding back SME growth

Simon Quicke

The lack of skills have again been highlighted as a problem holding back growth in the economy.

Recent calls from some household names, including Google and Microsoft, to try and address the problems with technology teaching put the skills shortage back on the agenda recently and it shows no sign of shifting.

According to the British Chambers of Commerce many firms would like to expand but can't because of a lacked of skilled people out in the market.

As a result growth plans have been stymied for those operations with more than 50 staff which find that there just aren't the right people to help them fulfill their expansion ambitions.

The answer for some is to turn to finding people overseas but regulations are making it difficult for that solution to work and the BCC has called on more government support to help alleviate the problem.

"Larger sized firms in the UK could be the multinationals of tomorrow. The government must think business first and give larger companies the confidence they need to create jobs, particularly when unemployment is at a high," said John Longworth, director general of the BCC.

"Many firms are unable to find the skilled workers they need in the UK, and lack confidence in the ability of the education system to deliver the right people for the job," he added.

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