Santander UK highlights a pressing need for government investment in leadership, digital, and sustainability skills to tackle the UK’s productivity crisis and prepare the workforce for future challenges.
The report reveals that UK workers are spending 20% less time on training than a decade ago, despite over half acknowledging the necessity of upskilling to remain relevant in their roles.
Mike Regnier, CEO of Santander UK, emphasizes that "The UK cannot afford to fall behind in this critical area if we want our economy to grow and remain competitive," underscoring the urgency of skills development.
There is a notable generational divide in attitudes toward hybrid working, with only 27% of older workers supporting its positive impact on the economy, highlighting the challenges new work models present.
#skills-development #digital-transformation #sustainability #workforce-training #productivity-crisis
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