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Chancellor invests in technical education

£500 m funding for new T-Levels and £300m for STEM focused PHDs announced by Philip Hammond in Spring Budget today

Posted by Sophie Beyer | March 08, 2017 | People

 

Chancellor Philip Hammond announced education funding in the Spring Budget focused on technical and scientific education.  The Chancellor’s aim is to create a workforce across the country with the skills they need to do the high-paid, high-skilled jobs of the future, vital for a competitive workforce.  He announced investment in cutting-edge technology and innovation, with the hope that post-Brexit Britain is at the forefront of the global technology revolution.

New T-levels for 16 to 19 year old technical students will be introduced from autumn 2019.

The Chancellor said: “Our task today is to take the next steps in preparing Britain for a global future, to equip our young people with the skills they need.”

New T-levels for 16 to 19 year old technical students will be introduced from autumn 2019. Students will be able to choose from 15 different routes such as construction, digital or agriculture.  The number of hours of training for these T-Level students will increase by over 50%. As part of the course, all students will take part in an industry work placement.

The government will also provide maintenance loans for students doing higher-level technical courses at National Colleges and Institutes of Technology – like those available to university students.

In HE, £90 million will provide 1,000 new PhD places, including in science, technology, engineering and maths.  £210 million will create new fellowships, including programmes to attract top global talent to conduct research in areas such as bioscience and biotechnology, quantum technologies, and satellite and space technology.

Philip Hammond went on to say: “This government places addressing the UK’s productivity challenge at the very heart of its economic plan."

"Today to enhance the UK’s position as a world leader in science and innovation, I am allocating £300 million of the fund to support the brightest and the best research talent, including support for 1000 new PhD places and fellowships, focused on STEM subjects."

A further £160 million will support new fellowships for early and mid-career researchers in areas aligned to the Industrial Strategy.

For schools the Budget provides a further £216 million investment in school maintenance, and free school transport extended to all children on free school meals who attend a selective school.

Read the full budget here.       

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