Sajid Javid

A summary of new measures announced by the Chancellor Sajid Javid on 30 September:

A package of measures to support the next generation, promote economic growth, and prepare for a post-Brexit future, were announced by the Chancellor Sajid Javid yesterday (30 September).

The Chancellor pledged to increase the national living wage, increase funding for infrastructure and youth services, and provide up to £4.3bn for UK organisations – such as charities, businesses and universities – if certain types of EU funding end after Brexit.

National Living Wage

The Chancellor pledged that the NLW will be increased reaching two-thirds of median earnings within five years, provided economic conditions allow. He also pledged to change the NLW – currently for people over the ages of 25 - so that it applies to those aged 23 and over from 2021, and to those aged 21 and over within five years. The government will set out more details on the future policy framework, including the important role of the independent Low Pay Commission, at the Budget.

Investment in buses and roads

High quality and reliable infrastructure is essential to how people live, work and travel. The Chancellor announced that the government will invest £220m in bus services across England, which will fund new ‘superbus’ networks and expand the fleet of low-emission buses. He also confirmed the first projects in the forthcoming second Road Investment Strategy – the £25bn commitment for strategic roads between 2020-2025.

Youth Investment Fund

The Chancellor announced a new £500m Youth Investment Fund. This investment will help build 60 new youth centres across the country, refurbish around 360 existing youth facilities, and provide over 100 mobile facilities for harder to reach areas. The fund will also support the provision and coordination of high-quality services for young people, and an investment in the youth workforce.

Gigabit Broadband

To ensure that no part of the country is left without next-generation broadband, the Chancellor pledged £5bn to support the rollout of gigabit-capable broadband in the hardest to reach 20% of the country.

English Devolution

To help drive local growth, the Chancellor announced that the government would introduce an English Devolution White Paper, which would set out how further powers and funding would be devolved across England.

Post-Brexit Funding

If the UK leaves the EU without a deal and should the EU cease to fund UK organisations after Brexit, the government has provided a funding guarantee to organisations in receipt of certain EU programme funding (such as the European Regional Development Fund and Horizon 2020).

The Chancellor confirmed that the total amount expected to be covered by the guarantee would be £4.3bn for this financial year.

Responding to the speech by Chancellor of the Exchequer, Sajid Javid, at the Conservative Party Conference in Manchester

Dr Adam Marshall, Director General of the British Chambers of Commerce, said: 

“It’s good to hear the Chancellor committing to significant improvements to roads, broadband and mobile coverage.  

“Yet some key business infrastructure priorities were notable by their absence. If the government really wants to generate a confidence boost in our business communities, it should also give an unequivocal green light to HS2 and to expansion at Heathrow and other airports.  

“The UK still needs a comprehensive national infrastructure strategy, with the scale of resources needed to overcome the huge deficit built up over the last 50 years. Both our post-Brexit competitiveness and the achievement of the ‘net zero’ carbon target will require even bolder steps to transform our transport, energy and digital networks.  

“While Britain dithers, others do. We’ve spent more than enough time talking about infrastructure projects - it’s time to get on and deliver.”

On increases to National Living Wage, Marshall said: 

“The government’s ambition to raise and simplify the National Living Wage is laudable but the path to doing so must be on the basis of clear economic evidence, with ample time for businesses to adjust to any changes. Companies already face significant cumulative employment costs, including pensions autoenrollment, Immigration Skills Charge and the Apprenticeship Levy, so government must take action to alleviate the heavy cost-burden facing firms, or risk denting productivity and competitiveness.” 

On contingency plans for a no-deal Brexit, Marshall said: 

“Our business communities couldn’t be clearer. A messy and disorderly exit from the EU on October 31st would be a hammer blow for business confidence, investment and future growth plans. The government’s top priority must be to avert it.  

“If an unwanted ‘no deal’ scenario comes to pass, businesses will expect a comprehensive response from the Treasury and the Bank of England — with help to support business cash flow, big incentives for investment, and action to stop the rises in upfront costs that firms are facing before they turn over a single pound.” 

You may also be interested in these articles:

Sponsored Video

Register, Login or Login with your Social Media account:


Advertisers

Upcoming FE Events

Advertiser Skyscrapers

Newsroom Activity

Latest Education News

Further Education News

The FE News Channel gives you the latest education news and updates on emerging education strategies and the #FutureofEducation and the #FutureofWork.

Providing trustworthy and positive Further Education news and views since 2003, we are a digital news channel with a mixture of written word articles, podcasts and videos. Our specialisation is providing you with a mixture of the latest education news, our stance is always positive, sector building and sharing different perspectives and views from thought leaders, to provide you with a think tank of new ideas and solutions to bring the education sector together and come up with new innovative solutions and ideas.

FE News publish exclusive peer to peer thought leadership articles from our feature writers, as well as user generated content across our network of over 3000 Newsrooms, offering multiple sources of the latest education news across the Education and Employability sectors.

FE News also broadcast live events, podcasts with leading experts and thought leaders, webinars, video interviews and Further Education news bulletins so you receive the latest developments in Skills News and across the Apprenticeship, Further Education and Employability sectors.

Every week FE News has over 200 articles and new pieces of content per week. We are a news channel providing the latest Further Education News, giving insight from multiple sources on the latest education policy developments, latest strategies, through to our thought leaders who provide blue sky thinking strategy, best practice and innovation to help look into the future developments for education and the future of work.

In May 2020, FE News had over 120,000 unique visitors according to Google Analytics and over 200 new pieces of news content every week, from thought leadership articles, to the latest education news via written word, podcasts, video to press releases from across the sector.

We thought it would be helpful to explain how we tier our latest education news content and how you can get involved and understand how you can read the latest daily Further Education news and how we structure our FE Week of content:

Main Features

Our main features are exclusive and are thought leadership articles and blue sky thinking with experts writing peer to peer news articles about the future of education and the future of work. The focus is solution led thought leadership, sharing best practice, innovation and emerging strategy. These are often articles about the future of education and the future of work, they often then create future education news articles. We limit our main features to a maximum of 20 per week, as they are often about new concepts and new thought processes. Our main features are also exclusive articles responding to the latest education news, maybe an insight from an expert into a policy announcement or response to an education think tank report or a white paper.

FE Voices

FE Voices was originally set up as a section on FE News to give a voice back to the sector. As we now have over 3,000 newsrooms and contributors, FE Voices are usually thought leadership articles, they don’t necessarily have to be exclusive, but usually are, they are slightly shorter than Main Features. FE Voices can include more mixed media with the Further Education News articles, such as embedded podcasts and videos. Our sector response articles asking for different comments and opinions to education policy announcements or responding to a report of white paper are usually held in the FE Voices section. If we have a live podcast in an evening or a radio show such as SkillsWorldLive radio show, the next morning we place the FE podcast recording in the FE Voices section.

Sector News

In sector news we have a blend of content from Press Releases, education resources, reports, education research, white papers from a range of contributors. We have a lot of positive education news articles from colleges, awarding organisations and Apprenticeship Training Providers, press releases from DfE to Think Tanks giving the overview of a report, through to helpful resources to help you with delivering education strategies to your learners and students.

Podcasts

We have a range of education podcasts on FE News, from hour long full production FE podcasts such as SkillsWorldLive in conjunction with the Federation of Awarding Bodies, to weekly podcasts from experts and thought leaders, providing advice and guidance to leaders. FE News also record podcasts at conferences and events, giving you one on one podcasts with education and skills experts on the latest strategies and developments.

We have over 150 education podcasts on FE News, ranging from EdTech podcasts with experts discussing Education 4.0 and how technology is complimenting and transforming education, to podcasts with experts discussing education research, the future of work, how to develop skills systems for jobs of the future to interviews with the Apprenticeship and Skills Minister.

We record our own exclusive FE News podcasts, work in conjunction with sector partners such as FAB to create weekly podcasts and daily education podcasts, through to working with sector leaders creating exclusive education news podcasts.

Education Video Interviews

FE News have over 700 FE Video interviews and have been recording education video interviews with experts for over 12 years. These are usually vox pop video interviews with experts across education and work, discussing blue sky thinking ideas and views about the future of education and work.

Events

FE News has a free events calendar to check out the latest conferences, webinars and events to keep up to date with the latest education news and strategies.

FE Newsrooms

The FE Newsroom is home to your content if you are a FE News contributor. It also help the audience develop relationship with either you as an individual or your organisation as they can click through and ‘box set’ consume all of your previous thought leadership articles, latest education news press releases, videos and education podcasts.

Do you want to contribute, share your ideas or vision or share a press release?

If you want to write a thought leadership article, share your ideas and vision for the future of education or the future of work, write a press release sharing the latest education news or contribute to a podcast, first of all you need to set up a FE Newsroom login (which is free): once the team have approved your newsroom (all content, newsrooms are all approved by a member of the FE News team- no robots are used in this process!), you can then start adding content (again all articles, videos and podcasts are all approved by the FE News editorial team before they go live on FE News). As all newsrooms and content are approved by the FE News team, there will be a slight delay on the team being able to review and approve content.

 RSS IconRSS Feed Selection Page