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2021 Budget: Unpacking the Chancellor’s “skills revolution”

Chancellor shows commitment to skills agenda but misses opportunity to catalyse business investment

27 Oct 2021, 4 min read

Striking an optimistic tone, the Chancellor located investment in skills at the heart of government efforts to drive regional productivity, level up opportunity and create a high wage economy. But the Budget was a missed opportunity to unlock complementary business investment to address current shortages and develop the skills for new markets that can galvanise growth.

Lifelong learning for opportunity and growth

The budget recognised the importance of helping people of all ages develop their skills with the following announcements:

  • Meeting

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