Nation’s prosperity relies on more people of all ages going to university, educating more people at university could bring significant benefits to our economy, according to a new report published today [6 Aug] by Universities UK. The report, 'Solving future skills challenges' highlights the need for continual skill upgrading, lifelong learning and study of higher education qualifications at all levels.
There were a wide variety of economic data released over the last couple of weeks, which painted familiar themes for the UK economy. While the labour market continues to grow strongly, real wage growth remains weak and living standards are still under pressure. Recent CBI surveys indicate some pick up in momentum in the three months to July, but growth remains relatively tepid overall and expectations are for a slight softening in growth in the near-term.