By ignoring colleges, the Budget ignored the UK skills crisis Far from being a “People’s Budget”, the Chancellor failed to address the critical need amongst young people and employers for investment in colleges.
“The hard work of the British people is paying off. Austerity is coming to an end.” These were the words of the Chancellor as he introduced his Budget for “the strivers, the grafters and the carers”. I’ve even heard commentators talking about it as a “People’s Budget”. The problem, as always, is which people?
There are many other commentators who will pore over the tax and benefits announcements to declare how fair or otherwise the Budget was and who won and who lost. What I saw was a Budget that was more about politics and potholes than about the jobs, skills and life chances.
Any long-term view of our country will recognise just how important it will be to improve our education and skills investment as the weaknesses in our labour market become more exposed. Employers in private and public sectors have become reliant on skilled and semi-skilled people moving here to work, many from the EU. Nurses, teachers, engineers, construction workers, carers, shop workers – the list goes on and on. That reliance has hidden the misfit between our education and skills investment and the jobs that are available.