As technological evolution places innovation at the heart of industrial development and productivity, a high-level panel at the CBI’s annual conference warns the UK to improve its skills base or fall further behind.
A skills crisis in the UK is seeing it fall behind the rest of the world, and is exacerbated by artificial intelligence, automation and regional divides, according to a high-level panel at the CBI’s annual conference.
Leaders from the OECD, Ford Motor Company, Oxford University, Vista Equity Partners and CLAC discussed the impact of globalisation and the opportunities or threats that it posed.
Labour productivity has fallen in the UK as a result of a skills gap, the panellists concluded. Ford’s strength lies in its ability to build skills, said Steven Armstrong, group vice president and president of Europe, Middle East and Africa, F
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