Emerging industries
As part of plans announced prior to the King’s Speech, the UK Government will invest in a new National Wealth Fund. This, the Government says, will help stimulate economic growth and attract private investment into clean energy and emerging industries. Driven by a collaboration between the Government, industry and public finance institutions, the Fund is expected to create jobs and support regional growth, while supporting decarbonisation efforts.
Skills
According to Number 10, the number of vacancies relating to skills shortages in England doubled between 2017 and 2022, from 226,500 to 531,200.
Read the full article in DPA's August 2024 issue