A recent report from SQW, a leading UK-based consultancy specialising in economic and social research, which was commissioned by Enginuity, estimates the skills gap is costing the sector about £5.2bn each year. 

Steph is joined by Cathryn Moses-Stone, Senior Policy and Public Affairs for Enginuity, and entrepreneur and former SME managing director James Greenham, to discuss this new research and dig into the realities that this economic impact is having on manufacturing and engineering SMEs.

00:00 Welcome and Guests

00:42 Why Measure the Skills Gaps?

02:35 The Reality of Hiring as an SME

04:58 The £5.2 Billion Black Hole

06:23 Productivity and Apprenticeships

07:45 SME Constraints

10:12 Navigating Skills Reform

12:48 Grants and R&D Tax Credits

14:07 Fixing Vocational Education

14:52 Networks and Final Takeaways

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