New law to revolutionise skills and training opportunities
The Prime Minister is to launch the Lifetime Skills Guarantee, which will mean laws to create a post-16 and adult education and training system that is fit for the future, providing the skills that people need for well-paid jobs and opportunities to train throughout their lifetime.
The legislative measures include enabling a new student finance system to transform the current student loans system, which will give every adult access to a flexible loan for higher-level education and training at university or college, useable at any point in their lives.
Employers will have a statutory role in planning publicly-funded training programmes with education providers, through a “Skills Accelerator” programme.
The Secretary of State for Education will be given more powers to intervene in colleges that fail to meet local needs, and to direct structural change where needed to ensure the provider improves.
Prime Minister, Boris Johnson said: "These new laws are the rocket fuel that we need to level up this country and ensure equal opportunities for all. We know that having the right skills and training is the route to better, well-paid jobs.
"I’m revolutionising the system so we can move past the outdated notion that there is only one route up the career ladder, and ensure that everyone has the opportunity to retrain or upskill at any point in their lives."
The government will introduce the Skills and Post-16 Education Bill on 18 May.
The Skills and Post-16 Education Bill will provide these reforms with the statutory footing that they need, to introduce new opportunities for everyone aged over 16.
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