The Eve of Brexit: Insight from Liam Halligan on future proofing your business
With an uncertain future surrounding Brexit and the UK’s position within the European Union, a major concern for employers across the UK is the impact leaving the EU is going to have on their organisation.
From trade agreements and cost increases, to skills shortages and a migrant workforce – Brexit has left many businesses feeling uncertain about their future over coming months.
This week, big names in business gathered at The Ivy Market Grill in Covent Garden for a session hosted by Learning Curve Group, which offered insight and knowledge sharing around future proofing your business post-brexit.
Economist and broadcaster, Liam Halligan spoke about the impact of Brexit and the political to-ing and fro-ing that Britain has found itself in the midst of and the wider economic situation.
Halligan delivered deep insight into the current political opinion and the media’s role in sharing relevant information to the public. Speaking after the event, Halligan said: “At difficult times in our national history like now, where there’s lots of moving paths, it’s vital we have this communication between the media and the business community.”
Halligan discussed the impact that Brexit will have on jobs: “What we need now is Brexit certainty, it seems to me if we do end up having a long delay, that’s the worst in all possible worlds. Some people who want to remain might like that, but I think it will lead to a go-slow investment, a slowdown in growth, and that will impact jobs.”
Halligan spoke alongside Learning Curve Group’s Group Commercial Director, Jon Cummins, who addressed the need to look at skills gaps and how these will be affected by Brexit. Many industries rely on non-UK labour, including IT, construction and hospitality.
Businesses who employ a large number of EU workers will see an increased skills gap over-coming months, meaning it’s vital they think about their training programmes and upskilling their existing workforce.
Cummins commented: “One of the things we’re doing with partners is looking at how they spend their levy, but also ways beyond that where we can support them with training.”
If you’re worried about the implications Brexit will have on skills and training within your organisation, Learning Curve Group can advise you on the different routes of training and funding streams available.
| Thursday 10 October, 2019