The government this week signed an agreement which means our looming energy crisis will be solved by nuclear power stations built by the French and owned, in part, by the Chinese. This demonstrates the impact of Britain's skills shortage and our lack of ambition. To top it all, they have warned us that the dearth of hi-tech engineering skills in our economy may hold them back. The skills shortage is not a problem confined to the crucially important energy sector, it's systemic. We need more engineers and scientists.
Unless action is taken now, the reality of the UK skills shortage is here is stay. If the government is serious about long-term economic recovery, filling the ever-widening talent gap must be a priority. The alternative is to leave huge numbers of skilled roles unfilled. That will lead to reduced investment, lower GDP growth, lower future job creation and condemn thousands of people to long-term unemployment.