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The government has pledged £275 million to create new educational programs and apprenticeships to train thousands more skilled UK workers by 2029 as part of its much-anticipated industrial strategy announced on Monday.
This includes creating Technical Excellence Colleges and new courses in areas such as defense and engineering.
Business Secretary Jonathan Reynolds said on Sunday that the industrial strategy will “help us to end our skills system to overreliance on foreign labor and ensure that UK workers have jobs that pay good pay in the industry tomorrow.”
“With past governments, as British industry faced shortages in investment and opportunities have been shipped overseas, this government is leading the way,” he added.
Populist Reform British Party leader Nigel Farage has advocated greater investment in skills and job opportunities in underprivileged regions, creating new urgency at the top of the Labour Party of Ir Keel star to tackle the issues. Reforms are particularly good with voters in areas of the UK where there is high levels of unemployment and child poverty.
Farage, which launched a reform campaign for Welsh Parliament earlier this month, announced that his party will focus on launching “as many trade and skills colleges as possible.”
The government’s industrial strategy marks the starry sky attempt to set up a clear decade plan to boost the UK economy across the industrial centre.
Cutting UK energy costs and closing the big gap with key EU rivals will be central to the strategy. Discussions within the government include giving businesses a discount on the Energy Bill if energy costs exceed a certain percentage of turnover.
The Industrial Strategy focuses on eight key sectors: Advanced Manufacturing, Clean Energy, Creative Industry, Defense, Digital and Technology, Financial Services, Life Sciences, Professional and Business Services.
The creative industry is expected to receive a £380 million boost, including £150 million for the local mayors of Liverpool, Manchester, West Midlands and West Yorkshire.
As part of fundraising for skills announced Sunday, the government said it will roll out new short courses in high-growth sectors, including digital and AI, and invest in skills in defense sectors where government spending is rising.
Funds for training and apprenticeships include £100 million, particularly to promote engineering education.
