button button button button button button
button button button

£500m to improve vocational training is welcomed

Posted on 6 March 2017

Chancellor Philip Hammond’s pledge at the weekend of an additional £500m to boost vocational and technical skills has been welcomed by the Chamber.

Mr Hammond described the “shake-up” to education that will come from the additional funding as “the biggest since the introduction of A-levels 70 years ago”.

Chris HobsonChris Hobson, the Chamber’s Director of Policy, said: “For many years we have been striving for closer integration between employers and education.

“The lack of skills demonstrated by young people looking for their first job is a recurrent issue in our quarterly economic surveys, but so is the paucity of available workers with enhanced and specialist skills, particularly in the engineering sector.

“For too long, apprenticeships were seen as the poor relation to a degree-level education, but this is far from being true as on-the-job training is the only real way to acquire the hands-on skills and experience employers need.

“With the potential scenario of not being able to recruit from a pan-European pool of trained workers once Britain has left the EU, now more than ever it is essential that young people leaving education in the UK have the skills to fill the void.

“The £500m pledged by the Chancellor for courses starting in the 2019/20 academic year will go some way towards helping to close the skills gap but that means it could be 2022 – five years from now and three years after we, potentially, lose the available pool of skilled workers – before employers begin to feel any appreciable benefit.

“We would urge Chancellor Hammond and Education Secretary Justine Greening to work together now to find funding and devise programmes to begin closing the skills gap much earlier than five years from now.”

Share and Comment

Share Your News

Got some exciting news you'd like to share with thousands of Chamber members across the East Midlands? Email your press release to: magazine@emc-dnl.co.uk

microphones

Chamber Magazines

The Chamber produces a range of publications each month to ensure its members are kept up-to-date with all the latest news and updates from the local business community.

magazine

Members' Briefings

Exclusive to Chamber members, Members' Briefing contains vital information on the latest legislation as well as local, regional and national news that has an impact on your business.

briefing

Friars Mill

Friars Mill

Members' Offer

One of the many great offers available to members:

logos
logos
Contact The Chamber Chesterfield (Registered Office): 01246 207207
Derby: 01332 851280
Nottingham: 0115 957 8757
Leicester: 0116 247 1800
Monday to Thursday: 8.30am - 5.30pm, Friday: 8.30am - 5.00pm
logos
© 2017 East Midlands Chamber (Derbyshire, Nottinghamshire, Leicestershire).
All Rights Reserved. Registered in England and Wales. Company No. 01785710
Terms and Conditions. Quality Policies. FAQ's. Contact Us. Web Design by Iogen. Copywriting Support by Green Light Copywriting.