to me earlier. ministers are to formalise their committment to what they call a skills revolution in england, with a series of measures to be unveiled in wednesday s budget. £1.6 billion will be announced to roll out new t levels for teenagers and £550 million for adult skills. college leaders say the funding is welcome, but doesn t go far enough. here s our political correspondent, nick eardley. what we want to see is a high wage, high skill economy. the government says it wants to change the way the uk economy works, moving to a higher skilled, more productive workforce which earns more money. in this week s budget, the chancellor will have the task of setting out more about how we get there, and key to his plans will be what the government is selling as a skills revolution. rishi sunak will announce £1.5 billion for t levels in england for up to 100,000 young people
agendas, levelling up areas and moving to a zero carbon economy. the funding of t levels, vocational qualifications equivalent to three a levels, aim to get ten times many people signed up and ordering them at the moment. there s been criticism that at the same time funding is being from popular btecs. the money for adult skills, which is much more modest, is a recognition that if the government wants to move to a high wage, high skill economy then there needs to be opportunities for people to retrain through their lives. this all comes in the context of a budget where the chancellor wants to show his party that he s focused on balancing the books after huge spending during the pandemic, and also that he s got an eye on inflation because if that is to go up, that will mean the cost of government borrowing would increase dramatically. government borrowing would increase dramaticall . l, a, government borrowing would increase dramaticall . l, ,, a, government borrowing would increase dra
the damage done by covid is measured notjust the damage done by covid is measured not just on the damage done by covid is measured notjust on impact on the uk s health, but also its wealth. the government s spent billions on the furlough scheme and other support for families and businesses in the past 18 months. many expected the chancellor to rein that in, but it seems the purse strings may still be loose. children, schools, skills, all of these things, policing and crime, you will see investment across the board in public services, because that s what we were elected to deliver and that s what we are getting on and doing. rishi sunak s already promised 5.4 billion for the nhs this winter. now he s pledged 1.6 billion for new vocational qualifications called t levels and half a billion for adult skills, but there s questions over whether these announcements are as generous as suggested. some of the funding has been announced previously. and all that money will do little
its collection of picasso artworks. hello and welcome to bbc news. ministers are to formalise their committment to a skills revolution in england, with a series of measures to be unveiled in the chancellor s budget on wednesday. in his autumn statement, rishi sunak will announce £1.6 billion to roll out new t levels for teenagers and £550 million for adult skills. college leaders say the funding is welcome, but doesn t go far enough. here s our political correspondent, nick eardley. what we want to see is a high wage, high skilled economy. the government says it wants to change the way the uk economy works, moving to higher skilled, more productive workforce which earns more money. in this week s budget, the chancellor will have the task
the government spent billions on the furlough scheme and other support for families and businesses in the past 18 months. many expected the chancellor to rein that in, but it seems the purse strings may still be loose. children, schools, skills, all of these things, policing and crime, you will see investment across the board in public services, because that s what we were elected to deliver and that s what we are getting on and doing. rishi sunak s already promised 5.4 billion for the nhs this winter. now he s pledged 1.6 billion for new vocational qualifications called t levels and half a billion for adult skills, but there s questions over whether these announcements are as generous as suggested. some of the funding has been announced previously. and all that money will do little to help families this winter. many are facing what labour describes as a cost of living crisis , because of high energy prices and a rise in the cost of basics like food. the bulk of that increase is down