UK to Invest £275 Million to Train Skilled British Workers
Workers on the HS2 High-Speed railway construction site at Old Oak Common in London, UK, on May 29.
Photographer: Jaimi Joy/BloombergThe UK will invest £275 million ($371 million) to grow the country’s skilled workforce as Prime Minister Keir Starmer seeks to accelerate economic growth and reduce reliance on foreign labor.
The funding, announced on Sunday, will be used to overhaul technical training and apprenticeships, aiming to plug skills shortages in sectors like engineering and defence. It’s part of a new industrial strategy that includes a 10-year plan for national renewal the government plans to outline this week.