Further challenge for learning, employment and skills4 June 2015
Responding to the Chancellor’s announcement of £450m of savings in the Department for Business, Innovation and Skills (BIS), including the further and higher education budgets, David Hughes, Chief Executive at NIACE, said:
“Just last week, we welcomed the Government’s commitment in the Queen’s Speech to ‘raise the productive potential of the economy’. This will be even more of a challenge with further reductions to the further and higher education budgets. We have already seen a million lost learning opportunities in the last 5 years. It’s hard to see how this in-year cut will not reduce those opportunities even further. For hard-working people their chances of getting the skills to improve their career prospects are even further away.
“We need to see a secure skills settlement from the Government so that businesses can have the confidence to invest in training and up-skilling their staff. We will be closely examining the details of these savings when they are made available.”