THIS week’s Autumn Budget must help businesses attract, train and retain staff, entrepreneur Sir Tom Hunter has said.
“One of the consequences of Brexit is that 364,000 European Union nationals have left the UK workforce, and that’s why we’re seeing shortages in various industries,” Sir Tom said on the Go Radio Business Show with Hunter & Haughey.
“And Boris [Johnson, Prime Minister] is telling us we’ve got to grow our own. Fair enough.
“This is a long-term strategy, and therefore anything that can help businesses, train, retrain, attract and retain talent in the Budget [is my big ask] – incentivise the correct behaviour for business.
“And the correct behaviour is to train, to retrain talent so that they come into your company, they make a positive contribution and you retain them. That’s so important.”
Sir Tom was replying to Donald Martin, editor of The Herald and The Herald on Sunday, who asked what the key things were that Chancellor Rishi Sunak should and shouldn’t do in the Budget.
Businessman Lord Willie Haughey called on the UK government to scrap the apprenticeship levy, a tax on employers used to fund apprenticeship training.
“Scrap the apprenticeship levy and that would sort everything that Tom has just spoken about,” he said.
“Let’s get young people back into work, because, trust me, when all the dust settles, they’re going to be the group affected the most.
“We’ve got to get young people into training.
“That would certainly get me back employing lots more apprenticeships,” he said.
Why are you making commenting on The Herald only available to subscribers?
It should have been a safe space for informed debate, somewhere for readers to discuss issues around the biggest stories of the day, but all too often the below the line comments on most websites have become bogged down by off-topic discussions and abuse.
heraldscotland.com is tackling this problem by allowing only subscribers to comment.
We are doing this to improve the experience for our loyal readers and we believe it will reduce the ability of trolls and troublemakers, who occasionally find their way onto our site, to abuse our journalists and readers. We also hope it will help the comments section fulfil its promise as a part of Scotland's conversation with itself.
We are lucky at The Herald. We are read by an informed, educated readership who can add their knowledge and insights to our stories.
That is invaluable.
We are making the subscriber-only change to support our valued readers, who tell us they don't want the site cluttered up with irrelevant comments, untruths and abuse.
In the past, the journalist’s job was to collect and distribute information to the audience. Technology means that readers can shape a discussion. We look forward to hearing from you on heraldscotland.com
Comments & Moderation
Readers’ comments: You are personally liable for the content of any comments you upload to this website, so please act responsibly. We do not pre-moderate or monitor readers’ comments appearing on our websites, but we do post-moderate in response to complaints we receive or otherwise when a potential problem comes to our attention. You can make a complaint by using the ‘report this post’ link . We may then apply our discretion under the user terms to amend or delete comments.
Post moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours.
Read the rules hereLast Updated:
Report this comment Cancel