So we are approaching the final Spring Budget at this time of year, as Philip Hammond previously announced in the Autumn Statement.
During an interview on the Andrew Mar Show on Sunday, although no details were provided, Mr Hammond did seem to recognize, that skills investment for the future was a major priority, as we all do. It is clear we need to invest now, to protect future jobs and the future economy.
I shall be looking forward to the Chancellors budget on Wednesday, to see what announcements are made for investment in skill training, and what innovative ideas are presented to safe guard the future of our industry.
Non-academic training for those in education after the age of 16 is a bit of a minefield. Hammond has now promised £500m a year to get things in order, and make sure young people are getting into skilled work and prepared for the so-called fourth industrial revolution. "We will take further action to give our young people the training they need to access the highly skilled and highly paid jobs of the future. Not only is this vital for them as individuals, it is vital for British business, too. All the leading business organisations consistently tell me that access to highly skilled workers is the key prerequisite for Britain’s future economic success," said Hammond writing in the Sunday Times.