Skills shortage poses threat to UK businesses

A survey of 500 firms by the Institute of Chartered Accountants in England and Wales found that 39% believe that a lack of skilled workers would have negative impact on their expansion plans in 2015. Some 46% of companies in the production sector voiced concerns over skills shortages. Despite fears about skills shortages, the IACEW's survey found that 75% of businesses said the Government's EU immigration policy is likely to have a little or no impact on them in 2015.

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