Government and businesses must work together to ensure that workers have the technology skills to meet the future demands of industry, the Chancellor of the Exchequer said today (4 April 2018).

Philip Hammond joined a high-level delegation of business leaders at Colmore Tang Construction’s headquarters in Birmingham yesterday for a round-table discussion that focused on technology, the skills gap, training and apprenticeships.

West Midlands Mayor Andy Street, who chaired the meeting, said the region has “its mojo back” and is a place that people and businesses are increasingly keen to invest in.

The Chancellor told the business leaders from 11 companies, including Phil Carlin, Managing Director of Seven Capital and Andy Robinson CEO of Colmore Tang, that the Government was keen to work with public and private organisations to address the issue of productivity.

He also told the delegation that businesses and the Government must work together to ensure people have the skills to deliver roles that will be impacted by technology. The Construction 4.0 report by Mace revealed that up to half a million construction workers will need to re-skill to meet the industry’s needs over the next two decades.

The round-table took place after Mr Hammond visited St George’s Urban Village, Seven Capital’s flagship development of 600 apartments in the city’s Jewellery Quarter.

Andy Robinson, Group CEO of Colmore Tang, said: “We were delighted to host the Chancellor of the Exchequer and Andy Street for this particular discussion. The Chancellor was particularly interested in our partnership with Virgin StartUp to deliver an innovation fund and accelerator programme called ‘ConstrucTech’. The programme will bring forward new ideas and technologies to help address some of the challenges we face in construction, including productivity.

“The message from all was clear: the West Midlands is an investable region with a very bright future.”

Your email address will not be published. Required fields are marked *