Response to Budget and Spending Review on 27 October 2021

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27 10 2021

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Stephen Evans, chief executive of Learning and Work Institute said:
It's good to see investment in skills rising again after a lost decade of cuts. However, it looks like this only restores some of the previous cuts and so won't be enough to transform Britain into a skills superpower. We need more detail on both levels of investment and how money will be spent. The large cut to the Universal Credit taper rate and rise in the minimum wage are hugely welcome and will help low income households. But there's more to do on the on the cost of living and supporting people to move into work to tackle the 900,000 shortfall in workers we've identified; the Plan for Jobs is working but there's so much more to do.

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