UK's Healey puts defence in focus for reindustrialisation push
- On Monday, Chancellor John Healey announced £100 million for mayors to launch local apprenticeship services at the Labour Party Conference in Liverpool.
- The program tackles the crisis of nearly 1 million 16 to 24-year-olds classified as Neet; Healey described the funding as "a down payment" on boosting youth employment.
- Local teams will act "a bit like football scouts for apprenticeships," linking young people with firms that have never previously taken on a trainee.
- West Yorkshire Mayor Tracy Brabin welcomed the initiative, noting the new resources will allow her to "widen the scope" of existing schemes she previously launched with retail funding.
- In the same speech, the Chancellor announced a £300 million Rolls-Royce investment in regional factories, pledging fiscal discipline in his upcoming Budget to drive "good growth and jobs in more places.
42 Articles
42 Articles
POLITICAL COMMENT: Labour backing British shipyards with £115 million research ship as part of the drive to reindustrialise UK
Labour’s First Secretary of State, Louise Haigh, has announced a new research ship, funded by the Labour Government, that will create jobs and help protect the nation’s climate, energy and food security.
Rolls-Royce to invest in British factories, Chancellor says
Rolls-Royce is to put £300 million into its British factories at Derby, Bristol, Glasgow and Rotherham, John Healey announced in his first Labour Party conference speech as Chancellor of the Exchequer, presenting the commitment as evidence of returning confidence in British industry. The post Rolls-Royce to invest in British factories, Chancellor says first appeared on UK Defence Journal.
Craven Herald
Rother Radio - Rotherham & Sheffield's Best Variety of Hits!Healey sets out plan for ‘new age of industrialisation’ to boost economy
Chancellor John Healey used his Labour Party conference speech to try to revive confidence in the UK economy.
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