Manifesto Policy Explainer Education and skills policy
With skills shortages continuing to hold back businesses across the UK, plans for the skills system are a key election battleground.
What are the implications for education and skills policy?
Labour:
- Establish ‘Skills England’ to bring together business, training providers, and unions with national and local government to ensure that training accounts for the needs of the labour market.
- Devolve adult skills funding to Combined Authorities to give local leaders greater control of skills development in their areas.
- Replace the Apprenticeship Levy with a Growth and Skills Levy which gives Levy-paying businesses more flexibility to spend funds on a broader set of courses.
- Guarantee two weeks’ worth of work experience for every young person.
Conservatives:
- Fund 100,000 high-quality apprenticeships for young people, paid for by curbing the number of ‘poor-quality’ university degrees.
- Introduce the Advanced British Standard to replace A Levels and T Levels. The ABS would remove the divide between academic and technical education and require all students to study English and maths to 18.
Liberal Democrats:
- Replace the apprenticeship levy with a broader and more flexible skills and training levy.
- Create Lifelong Skills Grants for adults to spend on education and training throughout their lives.
- Strengthen careers advice and links with employers in schools and colleges.
Reform UK:
- Restrict undergraduate numbers below current levels and ensure that two-year university degrees are an option.
- Give tax relief to businesses which undertake apprenticeships.
Green Party:
- Invest £12.4bn in skills and training to equip workers to play a full role in the green economy.
You can read the IoD’s Manifesto for Business here.
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