FE Soundbite Weekly Journal for | ISSN 2732-4095 | September 24, 2022
What was in the 'Mini-Budget' and Growth Plan? - FE Soundbite edition 663

Welcome to FE Soundbite Edition 663, this is the weekly e-journal and newsletter brought to you by FE News - giving you the latest news and thought leadership from the week in the World of FE and Skills.

So Monday was the Queen's funeral and the end of a period of mourning. Personally, I found watching the funeral really moving. So then... wow, a short week, packed full of announcements and reports (all probably on hold for the mourning period).

Mini Budget and Growth Plan

The biggest thing for me personally this week, was the 'Mini-Budget', the 'Growth Plan' and 'Welfare Reform' changes. For a 'Mini-Budget' it wasn't exactly mini! Tax cut announcements alone, this 'fiscal' announcement was the biggest tax-cutting moment in half a century... with £12B corporation tax cut, £17B National Insurance cut... it was significant.

We had two major announcements before the Mini Budget, which were later confirmed around Welfare Reform Changes and a new buzzword - 'The Growth Plan'.

We have a cool sector response article highlighting the sector's views on the Mini Budget and Growth Plan announcements.

Earlier in the week, there was a much-anticipated announcement on help with Energy costs.

Interesting reports and research released this week:

EDSK released a report on Employer investment in Skills and the Apprenticeship Levy. UCAS released details on record numbers of students starting their HE Journey... with stats also on T Level students as well.

Exclusive articles from this week:

We have had some epic exclusive thought leadership articles this week on FE News:

AELP's Simon Ashworth wrote a great piece on Funding and accountability reform must not sideline independent training providers, ETF's Charlotte Bonner wrote a really interesting article that is well worth checking out: How will the DfE’s Sustainability and Climate Change Strategy affect your organisation?

Alice Barnard from Edge wrote about: Giving Evidence: The Education Select Committee Careers’ Education Enquiry

We also had John Kleeman write about: How can organisations best train and assess the skills of their employees? Marie Horton on Bridging the gap between further education and engineering

IFS wrote their second part of a mini series: The missing middle of higher technical learners.

Derek Thompson wrote about How to perfect students’ digital experience on hybrid campuses

CapGemini's Sally Caughey wrote a new piece for us: Social mobility: how can the tech sector support young people?

SkillsWorldLIVE was also back this week: Summer Exam Series: What lessons can we learn? With an exclusive interview with Dr Jo Saxton, the Chief Regulator at Ofqual... So Professor Tom Bewick interviewed Dr Jo Saxton. Which is quite something!

So a full on week!

I hope you enjoy FE Soundbite this week!

Gavin, CEO and Founder, FE News and FE Careers



FE Soundbite Weekly Journal | ISSN 2732-4095


FE News Exclusives...

How to perfect students’ digital experience on hybrid campuses”
September 23, 2022 - FE News Editor
The strained student experience The world of higher education faces numerous challenges. With the government prioritising funding for secondary schools, universities are struggling with shortfalls. […]
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Social mobility: how can the tech sector support young people?
September 23, 2022 - FE News Editor
Compared to other developed countries, the UK has one of the lowest rates of social mobility. While recognising that the reasons behind this stretch beyond […]
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The missing middle of higher technical learners
September 22, 2022 - Institute for Fiscal Studies (IFS)
Compared to other countries, England has a high share of graduates: almost half of young people now progress to higher education. Yet at the same […]
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Bridging the gap between further education and engineering
September 22, 2022 - FE News Editor
Further education is an important part of the education system that can lead to a successful career, with many options related to engineering. The majority […]
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How can organisations best train and assess the skills of their employees?
September 21, 2022 - FE News Editor
Counting the cost Many organisations across the UK have long identified growing skills gaps (I prefer to refer to this as a ‘skills shortage’, but […]
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How will the DfE’s Sustainability and Climate Change Strategy affect your organisation?
September 20, 2022 - Education and Training Foundation (ETF)
The first two articles in my trilogy reviewing the Department for Education’s (DfE)Sustainability and Climate Change Strategylooked at the strategy’s highlights and its omissions. In […]
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Giving Evidence: The Education Select Committee Careers’ Education Enquiry
September 20, 2022 - The Edge Foundation
On 6th September, the Education Select Committee – chaired by Robert Halfon MP – held the first of a number of sessions exploring careers education […]
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Featured Voices on FE News...

Kwarteng delivers Mini-Budget and Growth Plan – Sector Response
September 23, 2022 - FE News Editor
The Chancellor Kwasi Kwarteng has delivered his Mini-Budget and Growth Plan to parliament. The Chancellor confirmed changes to the Welfare System around unemployment and encouraging […]
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Apprenticeship Levy Reform – A Letter to the Chancellor
September 23, 2022 - The 5% Club
Yesterday (22 September), as the new Government gets in its stride and back to business, and ahead of today’s “mini-budget”, The 5% Club calls for […]
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Kwasi Kwarteng will announce ‘The Growth Plan’ in Mini-Budget with new Investment Zones
September 22, 2022 - HM Treasury
THE CHANCELLOR will today [23/09/22] promise “a new era for Britain” focused on driving economic growth. Kwasi Kwarteng will announce The Growth Plan – a […]
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UCAS data reveals record numbers of students entering higher education
September 22, 2022 - UCAS
Figures released today (Thursday 22 September) show 275,390 students have been accepted onto a course, higher than the 272,500 (+1%) last year and up from […]
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Chancellor Kwasi Kwarteng is expected to announce reforms to the welfare system to encourage thousands more into work
September 22, 2022 - HM Treasury
Prior to the #minibudget on Friday, Chancellor @KwasiKwarteng is expected to announce reforms to the welfare system that will encourage thousands more into work. The […]
Read more...
New EDSK report on employer investment in skills and the apprenticeship levy
September 22, 2022 - EDSK - Education and Skills
With the looming prospect of a recession adding to the cost-of-living crisis, a new report from the education think tank EDSK finds that staff shortages […]
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Government outlines plans to help cut energy bills for UK businesses, public sector and households
September 21, 2022 - FE News Editor
New support for households, businesses and public sector organisations facing rising energy bills in Great Britain and Northern Ireland has been unveiled by Business Secretary […]
Read more...
National Coding Week: Hacking the digital talent gap by nurturing coding skills at a young age
September 20, 2022 - FE News Editor
National Coding Week is upon us, the annual campaign dedicated to closing the digital skills gap in the UK, by encouraging schools, libraries, businesses and […]
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Latest Vacancies on FE Careers...

Latest Podcasts on FE News...

Rachel Burden presents new series of the Parent Perspective Podcast with Amazing Apprenticeships and Not Going to Uni first in the hot seat.
September 21, 2022 - Amazing Apprenticeships
The well-known and highly respected broadcaster and mum of four hosts season two of the informative podcast, bringing her own perspective as a parent to […]
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A joined up approach to engaging young people, through engineering and motor racing
September 18, 2022 - Rubitek
Kerry Linley, CEO of apprenticeship learning platform provider Rubitek, talks to ‘educational anarchist’ and GKN skills development manager Caroline Wood about how those of us […]
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