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Rachel Reeves unveils £600m to tackle construction skills shortages

  • Rachel Reeves announced a £600 million plan to train up to 60,000 construction workers over four years to tackle skill shortages in the sector, supporting Labour's goal of building 1.5 million new homes.
  • The initiative seeks to address 35,000 job vacancies in construction, following warnings from The Independent that existing schemes are unachievable due to workforce shortages.
  • Under this plan, £100 million will be allocated to technical colleges, while £165 million aims to help other institutions deliver construction courses.
  • Education Secretary Bridget Phillipson stated that skills development is essential for growing the economy, particularly in the construction industry.
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BizToc broke the news in on Saturday, March 22, 2025.
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