News
06 Dec 2023
• 1 minute read
Electrical sector feels skills shortage bite
The latest quarterly survey of the UK engineering services sector, backed by leading trade bodies ECA, BESA, SELECT and SNIPEF, reveals that electrotechnical businesses are being significantly impacted by skills and labour shortages. Meanwhile, most business owners in the sector continue to grapple with high prices and slow payment times.
Almost a third of respondents (30%) said their business’ turnover had dropped since Q2 – a marked increase since the last survey, covering Q1 and Q2, when just 1 in 5 respondents (19%) said their turnover had fallen since the start of the year. A fifth (21%) expect their turnover to fall again between now and the end of the year.
Nearly 2 in 5 respondents (38%) cited labour shortages as the biggest threat to their business. Other major concerns include delays to projects (20%) and cashflow (17%).
Of the respondents who currently have vacancies in their business, trouble filling those vacancies was blamed on pay expectations being too high (57%), applicants lacking sufficient skills (46%) and an insufficient number of applicants (41%).
When it comes to being paid on time, almost two thirds (57%) of respondents said that commercial clients and main contractors took 31 to 60 days to pay for work. Over 1 in 10 (21%) said they took 61 to 90 days – a drop of 50% since the last survey, indicating some improvement.
Payment times appear to have slowed in the public sector, with more than half (51%) of respondents saying public sector clients took 31 to 60 days to pay for work, and a tenth (9%) saying they took 61 to 90 days.
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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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