Commenting on the budget today (Wednesday 27 October), Dr Neil Bentley-Gockmann OBE our Chief Executive says high-quality skills have to be at the forefront of efforts to raise training standards, increase wages and drive inward investment.
The Chancellor’s focus on investment in skills is very welcome. If the UK is serious about levelling up and delivering a high wage, high productivity, high skill economy then we have to act now.
“Along with our partners, WorldSkills UK is already playing its part. Our innovative Centre of Excellence is using international best practice to help drive up standards in colleges and training providers across the UK and level up opportunity for the next generation.
“The Chancellor is right to highlight that higher skills will lead to better paid jobs. To unlock people’s potential and lead a skills revolution that increases productivity and drives up wages we also need strategies linking high-quality skills to help secure inward investment.
“Our Skills Taskforce for Global Britain is examining how we match world-class skills supply to help land that much-sought after international investment and create more high-quality jobs in the key growth sectors of the economy of the future, like green tech and advanced manufacturing.”