News
26 Sep 2022
ECA calls for fit-for-purpose vocational system following mini budget
Leading electrotechnical trade body ECA says the Chancellor’s fiscal statement gives a mixed message to business. It praised the announced cut in corporation tax, which should provide a welcome boost to small businesses and stimulate growth in the medium term.
However, this summer the sector-wide Building Engineering Business Survey found recruitment and retention of the right calibre of staff was the biggest curb on business growth. The Chancellor’s statement failed to mention support for upskilling and training, which could hinder future growth.
ECA Director of Workforce and Public Affairs Andrew Eldred said:
“The government is clearly trying its hardest to be as pro-business as possible within a difficult economic context. But the big question is whether these tax cuts will create enough growth to offset an even larger tax bill in a few years’ time.
“One important piece of the growth puzzle, which was overlooked in Mr Kwarteng’s statement, is skills and training.
“We urgently need a fit-for-purpose vocational educational system to maintain a skilled and competence workforce that will be able to deliver Britain’s future infrastructure and create the high-skill, high-value jobs that will drive real growth for many years to come.”
For electrotechnical sector businesses of all sizes, the latest budget measures should help alleviate some of the immediate pressures of rising costs and heavy inflation. But despite these measures, inflation continues to bite hard.
ECA Members remain very concerned about the long-term outlook for businesses who are struggling to recruit skilled labour. They also question how these measures will be financed, and how reliable the Government’s support will be in the future.
ECAtoday
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Real-time onsite silica dust detector launched
04 Apr 2022
• 1 minute read
New app to simplify skills card checks
04 Apr 2022
• 2 minute read
Open ECX launch new EDI invoicing platform
04 Apr 2022
• 1 minute read
Common Assessment Standard Updated
31 Mar 2022
• 1 minute read
Contracts push back on 'greenwash'
31 Mar 2022
• 1 minute read
ECA launches UK-wide Amendment 2 Roadshow
29 Mar 2022
• 1 minute read
CLC publishes Guidance Note for Ukraine crisis
29 Mar 2022
• 1 minute read
HS2 signs up to support CO2nstruct Zero
29 Mar 2022
• 1 minute read
ECA welcomes new EV strategy, but warns of potential dangers from low standards
29 Mar 2022
• 1 minute read
ECA pays tribute to Paul McNaughton
24 Mar 2022
Green light for Domestic Electrician Apprenticeship
23 Mar 2022
• 1 minute read
Gov’t answers ECA’s call for 0% VAT on renewables
23 Mar 2022
• 1 minute read
ECA joins calls for unprecedented action on energy prices in Spring Budget
22 Mar 2022
• 1 minute read
Join the ECA Learning Zone with Revizto!
21 Mar 2022
• 1 minute read
Gov’t extends plug-in van and truck grants
18 Mar 2022
• 1 minute read
New hard hats to include MIPS technology
16 Mar 2022
• 1 minute read
BEAMA launches Net Zero systems report
16 Mar 2022
• 1 minute read
First new-style pylons installed in UK
16 Mar 2022
• 1 minute read
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Actuate UK and Energy Systems Catapult boost green skills
14 Mar 2022
• 1 minute read
ECA champions green careers
11 Mar 2022
• 1 minute read
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Sylvania chooses EDATA
09 Mar 2022
IFSEC Global publishes Annual Fire Safety Report
09 Mar 2022
• 1 minute read
ECA asks Europe to focus on Green Deal
08 Mar 2022
• 1 minute read
ECS highlights crucial upskilling role
08 Mar 2022
• 1 minute read
SkillELECTRIC 2022 open for entries
07 Mar 2022
• 1 minute read
New Solar Energy UK report on attitudes to solar
07 Mar 2022
• 1 minute read
CO2nstruct Zero continues to grow
04 Mar 2022
• 1 minute read
HSE issues safety notice on UPS
04 Mar 2022
• 1 minute read
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02 Mar 2022
• 1 minute read
UK’s largest gas-free homes scheme breaks ground
02 Mar 2022
• 1 minute read
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