Could you be replaced by a robot? One in three businesses plan to invest in automation due to staffing shortages, survey suggests

One in three businesses are planning to invest in automation as a top priority amid staffing shortages, a survey has suggested.

Firms facing recruitment problems are most likely to have automation high up on the agenda, according to the report from HSBC.

The survey of 670 companies in the UK found that 40% are feeling negatively about their staffing levels and availability.

The findings add to growing concerns about Britons losing their jobs to machines.

It follows a study by Arden University last week which suggested almost a third of jobs in the UK could become redundant by 2030 due to automation and changing workforces.

The sector most likely to be impacted is the transport and storage industry, where over half (56%) of jobs are set to disappear, the research said.

In manufacturing, 45% of roles are expected to go, while across the wholesale, retail and repair of motor vehicles the figure was 44%.

In public administration, defence, social security, financial services and insurance the prediction is 32%.

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Carl Lygo, chief executive and vice chancellor at Arden University, said: “The transportation and storage, manufacturing and wholesale and retail sectors account for 28% of the UK workforce – meaning 4.2 million jobs are now at risk of becoming outdated and eradicated in the hands of automation.”

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But HSBC said the investment will be good for businesses, helping them to thrive despite skills shortages.

“The research shows that infamous entrepreneurial spirit of UK businesses continues to lead them to invest, innovate and redefine their growth ambitions,” said James Cundy, HSBC UK’s managing director and head of mid-market corporate banking and structured finance.