Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Banking Awards
    • Banking Innovation Awards
    • Digital Banking Awards
    • Finance Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    • Financial Awards
    • Private Banking Awards
    • Private Banking Innovation Awards
    • Retail Banking Awards
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    1. Home
    2. >Business
    3. >Brexit Skills Shortages: A Third Of Uk Businesses Have Considered Automation As A Response
    Business

    Brexit Skills Shortages: A Third of Uk Businesses Have Considered Automation as a Response

    Published by Gbaf News

    Posted on November 30, 2018

    3 min read

    Last updated: January 21, 2026

    Add as preferred source on Google
    Brexit Skills Shortages A Third Of Uk Businesses Have Considered Automation As A Response
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Global Banking & Finance Awards 2026 — Now Open for Entries
    Tags:automating elementsBrexit Skills Shortages
    Global Banking & Finance Awards 2026 — Call for Entries

    34% of UK managers say that their organisation has considered automating elements of their business in order to tackle skills shortages that might come about because of Brexit.

    This number rises to 44% in London, according to the Adecco Group UK and Ireland’s ‘Brexit: retaining talent through change’ report.

    The majority (71%) of managers think the UK’s decision to leave the EU will make skills harder to acquire for organisations operating in Britain. A third (34%) think this regardless of the outcome of Brexit. Yet, one in five (20%) do not plan to employ any strategy to tackle Brexit-related skills shortages.

    Alongside implementing technology, those organisations that are considering different strategies to manage potential skills shortages, are thinking about upskilling existing staff (35%) and increasing talent retention (25%).

    Alex Fleming, Country Head and President of Staffing and Solutions, the Adecco Group UK and Ireland, said: “The idea that Brexit will exacerbate the UK’s skills shortage is not a new one, but with one in five businesses not planning to do anything to mitigate this, not all organisations are prepared to deal with this reality.

    In order to not just succeed but thrive once the UK leaves the EU, every employer needs to have a plan for how they will address current and potential future talent challenges. Looking to other countries and how they have dealt with labour shortages can help. In Singapore, for example, organisations are being encouraged to create opportunities for older workers, and think about how they can design jobs to help extend their working lives. Alongside making better use of your existing workforce and improving your retention rates, thinking about how to attract potentially untapped sources of talent can help futureproof your organisation in the face of any skills gaps – Brexit related or not.”

    Dan Lucy, Principal Research Fellow at the Institute for Employment Studies, added: “Perhaps the key thing for employers to realise is that there are lots of things they can do now to address current and avoid future talent shortages. Many of the actions employers can take will also enhance employer brand and reputation in the jobs market, creating a virtuous circle and helping position those who take action as employers of choice.”

    After Brexit (33%), skills shortages (27%) are cited as the next most likely factor to hinder Britain’s ability to remain globally competitive. Other concerns include a lack of investment in AI (9%) and a lack of financial investment from global businesses to operate in the UK (9%).

    More from Business

    Explore more articles in the Business category

    Image for The Power of Pricing: How Smart Pricing Strategies Drive Profitability and Growth
    The Power of Pricing: How Smart Pricing Strategies Drive Profitability and Growth
    Image for Why Customer Experience Now Defines Success
    Why Customer Experience Now Defines Success
    Image for The New Cost Playbook: Why Strategic Spending Matters More Than Cutting Costs
    The New Cost Playbook: Why Strategic Spending Matters More Than Cutting Costs
    Image for The Trust Economy: Why Credibility and Transparency Are Driving Business Success
    The Trust Economy: Why Credibility and Transparency Are Driving Business Success
    Image for The Hidden Profit Engine: Why Operational Efficiency Is Redefining Business Performance
    The Hidden Profit Engine: Why Operational Efficiency Is Redefining Business Performance
    Image for Built to Withstand: Why Resilience Is Now the Foundation of Sustainable Business Growth
    Built to Withstand: Why Resilience Is Now the Foundation of Sustainable Business Growth
    Image for The Agility Imperative: How Fast-Moving Businesses Are Outpacing the Competition
    The Agility Imperative: How Fast-Moving Businesses Are Outpacing the Competition
    Image for From Instinct to Insight: The Shift to Data
    From Instinct to Insight: The Shift to Data
    Image for Growth Without Chaos: How Businesses Can Scale Efficiently and Sustainably
    Growth Without Chaos: How Businesses Can Scale Efficiently and Sustainably
    Image for From Spreadsheets to AI: The Future of Cash Flow Forecasting for SMEs
    From Spreadsheets to Ai: The Future of Cash Flow Forecasting for SMEs
    Image for Apply Now: Best Leadership Development Program 2026
    Apply Now: Best Leadership Development Program 2026
    Image for The Role of Education in Building Retirement Confidence
    The Role of Education in Building Retirement Confidence
    View All Business Posts
    Previous Business PostDifferent Ways of Making Money Online: A Quick Look
    Next Business PostGlobal Banking & Finance Review Honour Huxley Dubai With Three Different Awards