The Confederation of British Industry (CBI), a U.K. advocacy group, has released a report (38 page PDF) calling for investing in reskilling for workers. "The UK needs to spend an additional £130 billion over ten years (£13 billion a year) on adult education," they argue. Of course, the key question here is, as they say, in the execution. They recommend changing the Apprenticeship Levy, supporting small-to-medium enterprises (SME), and incentives for individuals to invest in learning. For my own part, I would flip the script: instead of credits for business and loans for individuals, I would provide credits for individuals (coupled with free learning opportunities) and loans for business. This provides for learning that does more than protect the interests of incumbent industry, helps people who are not currently working, and allows individuals to explore new fields in emerging industries.
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