Home » Legal developments » National legislation » Great Britain: the government to invest funds in a “skills revolution” 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 Ă 10h52 - Update on 29 October 2021 Ă 10h52 Resources The government announced that funding for skills will be augmented with a new investment of ÂŁ3.8 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.… Need more info ? Contact mind's on-demand study service Which service do you want to contact :WritingCommercial serviceTechnical SupportFirst name Last name Organization Function email* Object of the message Your messageRGPD J’accepte la politique de confidentialitĂ©.CommentsThis field is for validation purposes and should be left unchanged. Essentials Les dernières publications Supporting parenthood in the workplace: a win-win strategy Supporting employee carers: a CSR challenge Analyzes Les dernières publications Paternity leave: data observations from 41 countries EU: during H1 2022 five EU Member States have raised their minimum salary levels