The UK government will unveil a £275 million investment in technical training and apprenticeships, focusing on addressing skills shortages in critical sectors like engineering and manufacturing. This initiative forms part of a broader industrial strategy aimed at reducing reliance on foreign labour and building a pipeline of domestic talent. Business Secretary Jonathan Reynolds highlighted this funding as a vital step in shifting away from the past idea of managed decline in British industry. Released in response to the rise of figures like Nigel Farage, the strategy's goal is to secure well-paying jobs for British workers and stimulate economic growth.
The skills funding aims to end overreliance on foreign labour and ensure domestic talent for critical industries, countering national decline narratives.
Reynolds emphasized that this new industrial strategy will shift away from managed decline, focusing on investing in British workers for the industries of tomorrow.
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