Digital Skills shortage could cost the UK economy up to £27.6 billion and more than 380,000 jobs by 2030. As the UK races towards a digital-first economy, the consequences of persistent digital skills shortages are becoming increasingly apparent. Projections indicate that without intervention, these shortages could cost the UK economy up to £27.6 billion by … Continue reading “Digital Skills Shortage : UK Faces £27.6 Billion Loss by 2030 Due to Digital Skills Shortage”
Tag: Dr Huanjia Ma
The State of Digital Skills and Shortages in the UK: Findings from City-REDI Report on Digital Skills
The UK has seen a dynamic evolution of the demand for digital skills over recent years, with a significant increase in the need for advanced, intermediate, and basic digital competencies across regions and occupations. These changes reflect the rapid digitalisation of workplaces and the growing integration of technologies like artificial intelligence, cloud computing, and automation … Continue reading “The State of Digital Skills and Shortages in the UK: Findings from City-REDI Report on Digital Skills”
The Wider Socio-Economic Impacts of Firm Insolvencies
2022 saw the largest number of firm insolvencies (bankruptcies) since 2009 in England and Wales. Professor Simon Collinson, Dr Huanjia Ma and Dr Matt Lyons discuss the impact of this on the Birmingham city-region. In 2022 we saw the largest number of firm insolvencies (bankruptcies) since 2009 in England and Wales. Building on previous analysis … Continue reading “The Wider Socio-Economic Impacts of Firm Insolvencies”
The Poorest UK Households are Hit Hardest by the Highest Rate of Firm Failure
With bankruptcies on the rise in the UK, Simon Collinson, Matt Lyons and Huanjia Ma look at the impact of firm failure on the economy, employment and households. Data released by the Insolvency Service at the end of January shows that firm insolvencies, or bankruptcies, in England and Wales reached the highest level since 2009. … Continue reading “The Poorest UK Households are Hit Hardest by the Highest Rate of Firm Failure”