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EPALE

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£76 million for new National Retraining Scheme

20/11/2017
Language: EN

/epale/en/file/national-retraining-schemejpgNational Retraining Scheme.jpg

National Retraining Scheme


The UK Government HM Treasury are set to announce a new National Retraining Partnership as part of the autumn budget. The aim is to help adult’s access lifelong learning and gain skills for future careers. 

The National Retraining Partnership is expected to be announced by chancellor Philip Hammond on Wednesday (22 November) during his Autumn Budget speech. The partnership between the Government, Confederation of British Industry (CBI) and the Trades Union Congress (TUC), would see £76 million invested in digital skills courses and construction training programmes.

Responding to HM Treasury’s announcement of a National Retraining Scheme, Carolyn Fairbairn, CBI Director-General, said:

“Investing in all our skills is at the heart of building an economy that is fit for the future. Skills are vital to competing globally, and seizing the opportunities of the 4th industrial revolution. This is the best way to drive the productivity the UK needs to increase pay”

TUC General Secretary Frances O’Grady on the announcement:

“Every worker deserves the opportunity to improve their skills and get qualified for better-paid work.”

“The TUC wants all workers to get the support and security they need through the changes to come. Everyone, in every corner of the country, needs the chance to learn, win promotion, and boost their pay packets. We welcome the proposal that government, trade unions and business get around the table to tackle Britain’s great skills challenge, and we look forward to learning more details.”

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