Study Highlights 48% of UK Firms Struggling to Fill Data Roles Amid India-UK CETA Developments
A study reveals that 48% of UK firms face challenges in filling data roles, coinciding with the signing of the India-UK Comprehensive Economic and Trade Agreement (CETA). The CETA aims to enhance trade and investment predictability, particularly in technology sectors. It introduces the Double Contribution Convention (DCC), exempting Indian professionals from dual social security contributions for up to three years. The report indicates persistent digital skill shortages in the UK, with Indian professionals deemed essential for project success despite increasing visa costs and regulatory barriers.
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The study shows that 48% of UK firms struggle to fill data roles, highlighting ongoing digital skill shortages as the India-UK Comprehensive Economic and Trade Agreement (CETA) is signed. CETA is expected to facilitate trade and investment, particularly in technology and IT services, and introduces the Double Contribution Convention (DCC) to exempt Indian professionals from dual social security contributions for three years.
Despite challenges, 82% of UK leaders view India-based teams as critical for project success. However, 86% of compliance leaders cite rising visa costs as a barrier to accessing this talent, with firms opting for selective overseas hiring and automation. The study serves as a baseline for businesses as they navigate the evolving India-UK talent corridor.
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