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Great Britain: the government to invest funds in a “skills revolution”

The budget presented on 27 October by UK Chancellor Rishi Sunak, plans to boost training by injecting billions of pounds into the skills fund. The executive's objective is to support economic growth by offering more training opportunities for those from age 16. This boost comes after the government launched its first training "revolution" in May 2021 by way of the Skills and Post-16 Education Bill, which is still in the process of being passed (c.f. article No.12524).

Through . Published on 29 October 2021 à 10h52 - Update on 29 October 2021 à 10h52

The government announced that funding for skills will be augmented with a new investment of £3.8 billion (€4.49 billion) by 2024-2025, raising the overall budget by  +42% or +26% in real terms (excluding inflation) when compared with the amount invested over 2019-2020 period.…

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