Andy Street said that regions currently do not have access to the Government’s crucial research and development money.
She said companies like John Lewis are battling against a tidal wave of over-50s leaving the workforce since the pandemic.
“The fact that we have lost one million people in the labour market since the pandemic has got massive implications.” The UK chairman of energy giant Shell, David Bunch, echoed the sentiment that a smaller workforce drags down on productivity.“If you take the energy system, it has often been reported that building electric charging networks is taking far too long, and that building offshore wind farms takes 12 years on average.
“We are focusing on a dedicated fund to bring in and reskill those people back into the offshore and renewable work.
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