L&W respond to pre-budget skills funding announcement5 March 2017
In response to today’s announcements on investment in skills and technical education from Her Majesty’s Treasury, Stephen Evans, Chief Executive at Learning and Work Institute said:
“We are pleased the Chancellor has recognised the need for additional funding for technical education. This will help increase the number of contact hours for 16-19 year olds to better match the best in the world, something Learning and Work Institute has argued for. This should help better prepare young people for our global future. It is a step change we need for post-Brexit Britain to succeed and thrive.
“The next step is providing the investment needed to help Britain’s working age population meet the challenges facing it. An ageing population, longer working lives and poor productivity require a thriving and dynamic adult education system, yet we now have 1 million fewer adults in learning than in 2010.
“The announcement of a new £40 million fund to test new approaches to lifelong learning shows that the government recognises that retraining and upskilling is essential throughout people’s working lives. Learning and Work’s proposals for Personal Learning Accounts would provide people with the means and incentives to invest in their future alongside employers and the State.”