Responding to the Autumn Budget 2024

Responding to the Government’s Autumn Budget announced on 30 October 2024, Stephen Evans, Chief Executive of Learning and Work Institute, said:

“The Budget lays bare the challenges ahead and shows the importance of focusing on getting more people into work and boosting skills to improve growth. The OBR has revised down its employment rate forecast with economic inactivity due to ill health persisting. The upcoming Get Britain Working White Paper needs to set out a credible path to getting 2.4 million more people into work to hit the Government’s ambition to reach an 80% employment rate. To improve the dismal growth forecasts, we also need to reverse the £1 billion cut in skills budgets since 2010 and employers’ 26% cut in training since 2005.”