According to the CMI, placing emphasis on UK skills and education will be the catalyst for growth in the sales recruitment sector and other industries.
The CMI did express its concern that extensive budget reductions affecting the Department for Education and the Department for Business, Innovation and Skills will adversely affect the quality of talent available to employers.
Petra Wilton, director of policy and research at CMI, said there can be "no doubt" that cuts were necessary.
"We applaud the chancellor's recognition that improved skills and education are vital to our collective future economic security and prosperity. His actions ensure that employers and learners make a greater contribution towards funding skills development," she explained.
One of the points outlined by Mr Osborne in the CSR was that the Apprenticeship Programme will receive an additional £250 million to help create 75,000 new places.
Meanwhile, Andrew Goodwin, senior economic advisor to the Ernst & Young ITEM Club, said that the effect of the CSR on UK sectors, such as sales recruitment, are not as severe as some expected because Mr Osborne delivered a plan which kept spending within the parameters of June's emergency budget.
Based in Milton Keynes, Aaron Wallis are a recruitment and sales training business committed to sales excellence.
Posted by Wayne Bly
Source: Salespeak News