Lack of language skills ‘costs billions’

Contact us now for an accurate quote within 1 hour: 01460 279900 Email us

Billions of pounds are lost to the economy each year because of a lack of investment in language learning, a Welsh academic said yesterday.

A report by Professor James Foreman-Peck, of Cardiff Business School, said that investing more in teaching foreign languages to improve people’s ability to speak French, Spanish or German would save businesses £9bn a year.

That is the economic equivalent of a tax reduction on exports of at least 3%.

Language skills are shown to be closely related to the export ability of firms and national economies. And Prof Foreman-Peck said under-investment in languages is leaving the UK and its businesses at a significant disadvantage.

Read more: Language Skills 

Achieve Your Global Potential

Get in touch with us now with your requirements and we guarantee we will be in touch within the hour. Ring us on 01460 279900 or drop us a message.

Email us