Monday, 23 January 2017

PM sets out vision for industrial strategy with emphasis in science, skills and innovation

The PM said the UK could do more to expand science and innovation, and she cited advances in battery technology as one area for growth. "Battery technology - we are leading the way on that already," she said.
She also highlighted plans to extend specialist maths schools.
There have been reports that the overhaul of technical education will include £170m of capital funding to set up institutes of technology to deliver education in science, technology, engineering and mathematics (STEM) subjects.
Thousands of technical qualifications, which critics see as low quality, will be replaced with 15 core technical "routes" designed to meet industry's needs.
Commons education committee chairman Neil Carmichael said the move was welcome, and should go a long way" towards filling its 82,000-strong annual engineering skills gap.
Business will get a chance to consult on the industrial strategy proposals. The Institute of Directors said the strategy must concentrate on skills and infrastructure, not cash injections.
"The new strategy is a chance to provide a positive environment for existing companies, but also encourage the upstarts which will develop the products and services of the future," said James Sproule, director of policy at the IoD .
Full details here: http://www.bbc.co.uk/news/business-38710617

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