The recent ‘The Engineer’ article
highlighted three crucial aspects for next week’s Brexit negotiations which included low tariff trade deals, access to skilled EU workers and training/education incentives for domestic workers. In the article Caroline Milton, Head of Manufacturing at Menzies LLP explained, “SME manufacturers are already considering their options with plans to shift or acquire operations in Europe.” Trade tariffs have been high on the agenda since the head of Germany’s largest business group, the BDI claimed that relations with the rest of their trading counterparts were more important than with the UK despite the obvious strongholds such as UK/German automotive exports. This will certainly not go away and remains a focal point for next week’s discussions as previous tax cuts and reliefs to encourage EU investment is threatened by a ‘hard’ Brexit.
Key aspects in achieving this have to include training and skills development, and investment as any migration would also surely involve the very best talent. The article mentions that a recent Science and Technology Committee study outlines that the digital skills gap is already costing £63 billion in lost GDP and highlights STEM initiatives as being crucial in closing this gap. As a people business which is focused on providing the very best talent to the technical markets including energy, construction, engineering and manufacturing industries, we strongly feel that the allocation of funding to such skills initiatives is critical in keeping and continuing to attract the top talent to these shores. Within our sister engineering companies, Texkimp and SECC, attracting talent from both academic and wider geographic areas has always been key to our broader success. Attracting employees from 4 different European countries and a Knowledge Transfer Partnership (KTP) with Manchester University are prime examples of the successes attained in our pursuit of excellence. This must continue and next week will be a key milestone in our future.
Garry Rogerson MD