"The problem reflects the UK's low-wage economy, where workers are seen as a cost & not invested in."
It has been like this as long as I can remember.
Also blaming said workers for industrial disputes.
I remember reading a comment by a Japanese economist which opined that the UK labour relations situation in the 1970s was a product of bad management rather than "bolshie" trade unionists.
Workers were mostly reacting to being treated as a bothersome cost rather than a resource.