The Government has announced its Industrial Strategy in a White paper.
Key proposals relating to education include:
- An Industrial Strategy Challenge Fund of £725 million to fund programmes to capture the value of innovation
- Major strategic investment into UK by world leading life sciences company MSD
- First 'Sector Deals' – construction, artificial intelligence ( AI ), automotive and life sciences – to help sectors grow and equip businesses for future opportunities
- Four 'Grand Challenges' which will take advantage of global trends to put the UK at the forefront of the industries of the future
The full paper is available to view here.
Commenting on the government’s White paper, Phil Chamberlain, Executive Director of External Engagement said:
“There are many welcome moves in the Government’s White Paper in relation to adult education, including a National Retraining Scheme to help people re-skill, and increased commitments to technical education STEM skills.
“As we have always argued, lifelong learning has an incredibly important role to play in shaping Britain’s prosperity and productivity, and it is one of the best ways to help close the skills gap that affects many thousands of people after they leave school and higher education. Crucially, it also provides opportunities to re-skill people who need to adapt changes in practice and technology throughout their careers.
"We hope the funding outlined in this White paper will proactively support lifelong learning initiatives, and look forward to working constructively with the government to ensure educational opportunities remain open to everyone regardless of age, background or career.”
isit our leave a legacy page for more information about how legacies enable us to continue providing the opportunities education bring for Londoners in the 21st century.