British industry should be grateful to the current banking crisis as it can significantly increase the allure of engineering as well as manufacturing jobs.

According to SThree, specializing in STEM areas of science, engineering, maths and technology, financial services should be blamed for a catastrophic skills shortage at industrial businesses because this sector is attractive for graduates boasting well-remunerated employment packages. The recent survey of 402 businesses carried out by the UK arm of General Electric states that approximately two-thirds of respondents aren’t able to succeed with hiring a sufficient number of engineers and technicians. By the way last month the UK boss of BAE Systems also warned of a drastic skills shortage.

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