Archives for posts with tag: Autumn Statement 2014

Word Cloud
This month: the Autumn Statement – implications for Higher Education, STEM investment and postgraduate careers. Last month: Exeter’s Supercomputer, Government’s Science & Innovation Strategy, public funding for universities and graduate retention.

An offer of loans of up to £10,000 to students taking taught postgraduate degrees has been greeted with enthusiasm by the education sector. The Chancellor said it would “revolutionise” access to postgraduate university courses, as the cost of postgraduate courses “deters bright students from poorer backgrounds”. The National Union of Students’ vice president, Megan Dunn, described the move as a “major step in the right direction”. “Creating a government-backed postgraduate loans scheme will make a fundamental difference to the lives and opportunities of students”, she said. HEFCE welcomed the proposal to begin to address the gap in taught postgraduate finance through a three-stage plan. “I am delighted that the Government has announced a wide-ranging loan scheme for masters students and that we can build upon the Postgraduate Support Scheme by allocating 10,000 taught postgraduate bursaries to students who will be graduating with higher levels of undergraduate debt this year. This will provide a much-needed bridge to the wider postgraduate student loan proposals announced by the Chancellor” said HEFCE Chief Executive Madeleine Atkins. The Russell Group responded, with Professor Sir David Eastwood, Chair, commenting: “The benefits of studying high quality postgraduate programmes to students and to the economy are significant and growing, and the availability of loans will enable qualified students to take advantage of postgraduate study across the full range of academic and professional programmes. The Chancellor is to be congratulated for developing a funding model which will enhance investment in higher education without repurposing existing expenditure.”

The University and College Union (UCU) suggested bolder measures are needed to encourage more people into postgraduate study recommending that additional support, such as the restoration of grants for postgraduate study or a partial write-off of undergraduate debt for those completing postgraduate courses, would be more helpful. Incidentally, the Higher Education Policy Institute (HEPI) published a detailed study on the electoral power of full-time students, Do students swing elections? Registration, turnout and voting behaviour among full-time students, on the morning of 1st December 2014 – the deadline for the first electoral roll under Individual Electoral Registration. The research confirms that the student vote responds to political parties’ policies on tuition fees. The student vote swung towards the Liberal Democrats in 2001, 2005 and 2010 and is set to swing towards Labour at the 2015 election. This could affect the result in around 10 seats.

The Association of Graduate Careers Advisory Services (AGCAS) has published a new report, Getting the First Lecturing Job, which reveals how doctoral researchers and PhDs manage the challenging and demanding transition from early careers researcher to the established academic position of lecturer.

The Autumn Statement also includes £5.9 billion sustained investment in science, including £89 million to support the High Value Manufacturing Catapult and a new National Formulation Centre. Dr Wendy Piatt, Director General of the Russell Group, said: “We also welcome the announcement of £200 million to be allocated through the Research Partnership Investment Fund and the additional funding for the High Value Manufacturing Catapult Centres which work closely and successfully with our universities. We look forward to more detail on the Science and Innovation Strategy in the coming days.” In relation to this, the UK Commission for Employment and Skills (UKCES) welcomed a parliamentary report into collaboration between universities and business.

The University of Exeter this week received a £5 million funding boost to create its next generation of world-class science facilities. The grant will be used to complete 19 projects in total, including a field station to allow demonstrations and testing of renewable energy equipment, the provision of digital microscopy and streaming facilities, and new or refurbished teaching and research laboratories. The University has committed more that £5M of matched funding for the project. Professor Tim Quine, from the College of Life and Environmental Sciences said: “We see this investment as integral to our work to reach out to the most diverse group of STEM students of the future, to ensure that our graduates have the attributes and skills that industry demands and to collaborate more closely with business and industry regionally, nationally and globally.”

Defence Science and Technology Laboratory (Dstl) is once again taking part in a unique pairing scheme collaborating with academia run by the Royal Society – the UK national academy of science. The pairings will look at a variety of subject matters, from 3D printing technology, chemical and biological research and decision support within the operational analysis area.

…and finally, Grads for Growth’s latest newsletter around their work with award-winning companies and placements in a range of sectors may also be of interest.

I hope you find this information useful.

Cheers!

Kevin

Higher Education Headlines

HEFCE invests £200 million to support an increase in high-quality science, technology, engineering and mathematics students
The Government has confirmed the 73 universities and colleges that will receive a share of £200 million funding for science, technology, engineering and mathematics (STEM) teaching capital projects during 2015-16.

Cost, poor advice and lack of jobs putting young people off higher education, warns report
Privately educated children more than twice as likely to want to go to university as college students • Boys are significantly less likely to want to go than girls • The desire to go to university declines as teens get older • Union calls for overhaul of advice and guidance for all young people

Top universities for graduate employment – in full
The Global Employability University Ranking has listed the top universities in the world for graduate employment, including 12 UK institutions.

Where next for university governance?
After a period of turmoil at Plymouth University, an external review is pending, and the findings may have implications for the sector, writes John Morgan.

Five things we’ve learned about the British economy #AutumnStatement
George Osborne showed he hadn’t lost his appetite for gimmicks and giveaways, but behind the crowd-pleasing tactics there was plenty of pain.

#AutumnStatement 2014 – 16 things you should know
The Chancellor has presented the Autumn Statement to Parliament – here’s a summary of what was announced.

@hefce response to #AutumnStatement Ten thousand bursaries for ten thousand students in 2015
The Government’s Autumn Statement addresses the gap in taught postgraduate finance through a three-stage plan.

@UCU Response to #AutumnStatement – bolder plans needed for postgraduates
Bolder measures are needed to encourage more people into postgraduate study and to ensure the replenishment of the academic profession, UCU said today.

@CIPD Chancellor pledges skills and productivity boost in #AutumnStatement
Chancellor George Osborne today promised to continue the process of “lower inflation, lower unemployment and higher growth” with the government’s long-term economic plan. Using the latest forecast figures from the Office of Budget Responsibility (OBR), Osborne’s Autumn Statement looked to capitalise on the economic gains seen in the last year.

Postgraduate loans of £10,000 and Science Centres #AutumnStatement
A student loan system for postgraduate master’s degrees has been announced in the chancellor’s Autumn Statement.

Education sector welcomes postgraduate student loans #AutumnStatement
Treasury estimates that new loans will see 10,000 more students taking postgraduate degrees a year.

£89 million new investment in UK Catapult network
Autumn Statement includes additional support for High Value Manufacturing Catapult and a new National Formulation Centre.

@UKCES welcomes report on university-business collaboration – calling for action from both sides for mutual benefit #GrowthThroughPeople
The UK Commission for Employment and Skills (UKCES) welcomes a parliamentary report into collaboration between universities and business.

@RussellGroup response to the #AutumnStatement
The Russell Group response to the Chancellor’s Autumn Statement 2014.

Select committee endorses importance of HEFCE knowledge exchange funding
HEFCE welcome the Business, Innovation and Skills Committee’s endorsement of the importance of HEFCE’s support for higher education knowledge exchange through Higher Education Innovation Funding (HEIF).

Students could tip the balance of power at the 2015 election – so long as they register to vote
HEPI published a detailed study on the electoral power of full-time students, Do students swing elections? Registration, turnout and voting behaviour among full-time students, on the morning of 1st December 2014 – the deadline for the first electoral roll under Individual Electoral Registration.

Association of Graduate Recruiters university awards 2015 – nominate your service
The Association of Graduate Recruiters (AGR) is inviting higher education careers and employability services, which are members of AGR, to nominate themselves for the AGR Graduate Development Awards 2015.

Is bigger better for universities?
Student numbers will be uncapped from 2015. Chris Havergal examines arguments for and against expansion.

Report highlights 10 trends set to shake up education
Massive open social learning and dynamic assessment on the Open University’s list.

Teacher shortage fears as figures warn of under-recruitment in key areas
Universities performing best at recruiting trainee teachers according to new government data.

HEFCE report highlights the growing transnational nature of English higher education
New research by HEFCE looks for the first time at how students on UK higher education programmes delivered overseas move on to first degree courses delivered in England.

New qualifications launched to meet UK demand for digital skills
New government and industry-backed digital qualifications will provide the skills for a wide range of digital jobs.

Degree apprenticeships launched to boost hi-tech skills
Young people will be able to gain a full honours degree while earning a wage and paying no fees, under a scheme backed by government and industry.

Chinese students to help UK businesses
Chinese-speaking students are to be placed with UK companies to help them break into the Chinese market or find new investment.

Billions of pounds to be saved thanks to new What Works Network findings
Taxpayers’ money could be saved and spent more effectively thanks to findings from the government backed What Works Centres.

Mature students – lifelong learning on life support?
Matthew Reisz talks to academics about their experiences of teaching older learners, while Holly Else analyses the decline in the number of mature students.

UCU launches pre-election manifesto
The next government must look again at student finance and consider radical alternatives to the current system says UCU as it launches its 15-point pre-election manifesto today.

‘Leaky pipe’ between 1980s grammar schools and university
Grammar school pupils in the 1980s were no more likely to gain degrees from “elite” universities than comprehensive pupils, research suggests.

British Embassy hosts UK Skills Expo to develop talent in UAE
The second UK Skills Expo will be held at the British Embassy Dubai. Bringing UK players in the training sector to showcase their expertise.

Employer leadership in skills and employment is vital to long term prosperity and growth
A report looking into the UK skills system puts forward 5 recommendations for action, with employers leading the way.

Open University protests over potential loss of 700 jobs
UCU members at the Open University will lobby a meeting of the university’s council on Tuesday (25 November) in protest at plans that could see around 700 jobs go from eight regional centres across England.

Universities and colleges step up support for social entrepreneurs
Higher education institutions (HEIs) are working together to build a national ‘ecosystem’ of support for social entrepreneurs through a series of new partnerships announced by HEFCE and UnLtd, the Foundation for Social Entrepreneurs.

Universities that fail should be punished, says Which?
It should be easier to remove the degree-awarding powers of universities that fail to meet academic and consumer standards, a report by Which? has said.

Happy Birthday #HEInnovate!
HEInnovate, the self-assessment tool for encouraging institutional change and innovation in higher education institutions, was launched one year ago. The release of an updated version of the tool marks the occasion.

UKCES set to launch milestone report on the state of UK skills, supported by CBI and TUC
The UK Commission for Employment and Skills (UKCES) will next week launch a comprehensive summary of the state of the UK skills system, co-signed by union and employer bodies.

Exeter researcher contributes to government report on managing the risk of innovative technologies
The first ever Annual Report by the Government Chief Scientific Adviser, Sir Mark Walport will be launched at the Institute for Government in London on 19 November 2014. Dr James Lyons, Senior Lecturer in English at the University of Exeter and academic advisor for the report, contributed a case study on communicating the risk of climate change.

The Education and Training Monitor 2014 is out now
The third annual edition of the Education and Training Monitor charts the evolution of education and training systems across Europe. It brings together, in a concise, digestible way, the latest quantitative and qualitative data, recent technical reports and studies, plus policy documents and developments.

University of Exeter scoops award for best international student satisfaction
The University of Exeter has been named the best university in the UK for international student satisfaction.

The Student Engagement Partnership
HEFCE is providing funding for the Student Engagement Partnership (TSEP) to support, develop and promote student engagement activity in the higher education sector in England.

UCU response to IFS report on costs of Initial Teacher Training routes
UCU has said that simple cost-benefit analysis of teacher training routes doesn’t address the long-term threats to university education departments caused by competitive teacher training allocations.

CBI comments on Cranfield University’s Women on Boards progress report
The CBI recently responded to Cranfield University’s Women on Boards progress report.

UK Research Publications

What works? Evidence for decision makers
An overview of the What Works Centres, bringing together a selection of findings from the Centres’ work to date.

Access to finance – evidence review 4
This review covers three policy strands: 1) Public loans on subsidised loans – where the public sector directly lends all or part of the money to the firm, whether this is on commercial or subsidised rates; 2) Government loan guarantees – The government guarantees or partly guarantees the loan; and, 3) Facilitating alternative forms of lending – creating networks, incentivising or match-making for Business Angels, micro-finance, venture capital, P2P lending and crowdfunding, self-financing groups, group lending and so on.

11/2014 – #AutumnStatement measures
Business rates information letters are issued by the Department for Communities and Local Government at regular intervals throughout the year.

Economic and fiscal outlook – December 2014
This is the OBR’s December 2014 Economic and fiscal outlook.

#AutumnStatement – Supporting Documents
This is the Autumn Statement in full. You can find supporting and related documents below.
Autumn Statement 2014
Impact on households: distributional analysis to accompany Autumn Statement 2014
Autumn Statement 2014 policy costings
Autumn Statement 2014 data sources
Policy decisions table: Autumn Statement 2014
Policy decisions within the welfare cap: Autumn Statement 2014

Budget and #AutumnStatement representations – guidance
Guidance for submitting Budget and Autumn Statement representations.

A map of social enterprises and their eco-systems in Europe – country report, United Kingdom
Outlines the main features of social enterprises in 28 EU Member States and Switzerland using a common definition and approach. Gives an overview of social enterprise eco-systems across countries, including factors constraining their development.

Changing attitudes to vocational education
Argues for a fundamental change to the way we view vocational education. Changing attitudes is the next key step in transforming our education system into the inclusive and productive one we need to prosper in the global market place. Proposes some actions for policymakers to raise awareness and understanding among teachers, parents and employers that will help bring about real change for young people.

International Research Publications

England 2014 to 2020 European Structural and Investment Funds Growth programme handbook
Detailed information on the England European Growth programme, who is involved, how it is managed and how to apply for funding.

European Structural and Investment Funds – UK proposals
Sets out how the UK proposes to use the European Structural and Investment Funds across the UK from 2014 to 2020.

European Structural and Investment Funds – UK Partnership Agreement
Sets out how the European Structural and Investment Funds will be used across the UK from 2014 to 2020.

Occupational regulation in the EU and UK – prevalence and labour market impacts
Research on the prevalence of occupational regulation in the UK and EU, and an examination of labour market impacts in the UK.

Events

Next steps for the Research Excellence Framework
23 April 2015, central London

23/04/2015 – David Sweeney, Director, HEFCE will be speaking at this seminar, which is scheduled to follow publication of this year’s Research Excellence Framework (REF), the system by which the quality of research from UK HEIs is assessed – with significant implications.

Welfare reform – creating effective local delivery partnerships
20 December 2014, Prospero House, Borough High Street, London SE1

20/12/2014 – This one day conference will provide an early opportunity to consider the updated Local Support Services Framework and will feature examples of best practice in the planning and delivery of services sharing learning from the Local Authority led pilots as well as drawing on the experience of housing associations, and third sector organisations in the delivery of budgeting support, debt advice, and financial inclusion inititatives, local welfare schemes, and digitial inclusion projects.

Semta Skills Awards – Engineering Skills for the Future
24 February 2015, Park Plaza Riverbank hotel, London

24/02/2015 – Turn on the spotlights, dust off the red carpet – the hunt is on to find the very Best of British Engineering – which is to be celebrated at the second Semta Skills Awards. The backing of some of the biggest engineering brands in Britain have made the awards night one of the most important dates in the sector’s diary.

 

Word Cloud

So, the Chancellor has presented the Autumn Statement to Parliament. The UK has the fastest growth in the G7, stamp duty will be cut for 98% of people, the health service will receive £2 billion and business rates will be cut and capped, but what does the Autumn Statement mean for employment and skills? Here we look at some of the responses from educators, policy institutes, unions and industry.

The big problem has been the pressure on income tax receipts from weak wage growth, which is in turn due to the large number of low-paying jobs in the economy and a sharp increase in self-employment. A rise in the income tax personal allowance to £10,000 has further cut receipts by taking more people out of paying income tax – a lot of the recent rise in employment has been at the low end of the pay scale. The (predominantly minimum wage) services industry in the UK accounts for roughly 78% of overall GDP, and about three-quarters of all jobs.

Bristol is one of the few regions that actually contributes more to the Exchequer than it gets back. Managing director at Business West, Phil Smith, said closing the skills gap, particularly among young people, was key to achieving long-term growth: “Youth unemployment remains stubbornly high despite total unemployment at its lowest since 2008,” he said. “Firms consistently tell us about skills shortages and we are working hard to ensure better links between education and business. We urge the Chancellor to use tax cuts to incentivise this.”

To encourage more firms to take on young apprentices, the Chancellor has exempted employers from national insurance contributions when they hire apprentices under 25. “Encouraging more employers to offer apprenticeships is important but the Government must work with colleges to ensure that employers are ready to take on apprentices. Colleges already work with an average of 700 employers in their local area and they are keen to do more” said the Association of Colleges’ (AoC) Chief Executive Martin Doel. On Careers Advice, he said: “In announcing the investment of £20 million to improve careers advice and support for young people the Government must now ensure that careers education is part of the curriculum” also pointing out thatAoC’s “Careers Guidance Guaranteed campaign calls for the establishment of careers hubs in every local area involving schools, colleges, local councils and others. We look forward to hearing the detail of how the Government will take this forward”.

An offer of loans of up to £10,000 to students taking taught postgraduate degrees has been greeted with enthusiasm by the education sector. The Chancellor said it would “revolutionise” access to postgraduate university courses, as the cost of postgraduate courses “deters bright students from poorer backgrounds”. The National Union of Students’ vice president, Megan Dunn, described the move as a “major step in the right direction”. “Creating a government-backed postgraduate loans scheme will make a fundamental difference to the lives and opportunities of students”, she said.

HEFCE welcomed the proposal to begin to address the gap in taught postgraduate finance through a three-stage plan. “I am delighted that the Government has announced a wide-ranging loan scheme for masters students and that we can build upon the Postgraduate Support Scheme by allocating 10,000 taught postgraduate bursaries to students who will be graduating with higher levels of undergraduate debt this year. This will provide a much-needed bridge to the wider postgraduate student loan proposals announced by the Chancellor” said HEFCE Chief Executive Madeleine Atkins.

The University and College Union (UCU) suggested bolder measures are needed to encourage more people into postgraduate study recommending that additional support, such as the restoration of grants for postgraduate study or a partial write-off of undergraduate debt for those completing postgraduate courses, would be more helpful

Incidentally, the Higher Education Policy Institute (HEPI) published a detailed study on the electoral power of full-time students, Do students swing elections? Registration, turnout and voting behaviour among full-time students, on the morning of 1st December 2014 – the deadline for the first electoral roll under Individual Electoral Registration. The research confirms that the student vote responds to political parties’ policies on tuition fees. The student vote swung towards the Liberal Democrats in 2001, 2005 and 2010 and is set to swing towards Labour at the 2015 election. This could affect the result in around 10 seats.

The Autumn Statement also includes £5.9 billion sustained investment in science, including £89 million to support the High Value Manufacturing Catapult and a new National Formulation Centre. Dr Wendy Piatt, Director General of the Russell Group, said: “We also welcome the announcement of £200 million to be allocated through the Research Partnership Investment Fund and the additional funding for the High Value Manufacturing Catapult Centres which work closely and successfully with our universities. We look forward to more detail on the Science and Innovation Strategy in the coming days.” In relation to this, the UK Commission for Employment and Skills (UKCES) welcomed a parliamentary report into collaboration between universities and business.

The Chartered Institute for Professional Development (CIPD) also welcomed the Chancellor’s pledges on skills and productivity to continue the process of “lower inflation, lower unemployment and higher growth” in line with the government’s long-term economic plan.

The National Institute for Continuing Adult Learning (NIACE) welcomed announcements including £20 million in 2015-16 and 2016-17 to fund courses to help adults experiencing mild to moderate depression, anxiety and sleep disorders in England; £5 million for the Behavioural Research Centre for Adult Skills and Knowledge (ASK) to conduct pilots using Children’s Centres to provide employment support and access to basic skills training; and a pilot program on career-change work experience and training opportunities for older benefit claimants to help them gain the experience and training they need to re-skill and get back to work. However, NIACE also believes the plans for long-term economic growth, as detailed by the Chancellor, require significant improvements in our skills base. However investment in – and learning by – adults over 25 is falling the Autumn Statement has fallen short in addressing that challenge: “by making young people a priority there is a danger that the impending adult skills crisis – identified recently by NIACE, the CBI, OECD and UKCES – will continue to threaten future economic prospects and limit social mobility.”, adding “What the Chancellor didn’t mention was the overall collapse in adult skills participation, particularly at the technical and professional levels – where employers are already saying they have the highest skills shortages – which has been a consequence of the introduction of 24+ adult learning loans.”

Trade Unions Congress General Secretary Frances O’Grady responded to the announcement, saying “Nothing in today’s Autumn Statement will give Britain a pay rise, and Conservative plans to effectively outlaw strikes will help make Britain permanently low-paid.”

The Gfirst Local Enterprise Partnership (LEP) welcomed the announcement that Government will commit a further £1 billion to the country’s Local Enterprise Partnerships, to support the second round of Growth Deals. This builds on Gfirst LEP’s success in the first round of Growth Deals announced in July, where Gloucestershire were the only county to receive the full amount of funding that was asked, £62.5 million.

The Heart of the South West LEP have endorsed ‘Greater Connected’, an independent, business-led report to identify common strategic goals for greater connectivity across the five LEPs in the South West – all to enable transformational economic growth. The report has been endorsed by the CBI and all five Local Enterprise Partnerships in South West England: Cornwall & the Isles of Scilly LEP; Dorset LEP; Heart of the South West LEP; Swindon & Wiltshire LEP; West of England LEP and can be viewed here.

…and finally, survey! Survey! Survey!!!

I hope you find this information useful.

Cheers!

Kevin

Headlines

Higher Education

Government loans for postgrads are welcome, but universities must play their part
Postgraduate students under 30 will be eligible for an income-contingent loan of up to £10,000 from 2016-17, it was announced in the autumn statement. But state-backed loans are only part of the solution.

Government’s flagship postgraduate loan plan will leave students with 50 percent tax rate
Students who take out a new loan to fund a master’s degree will effectively be paying a 50% tax rate, said the Institute for Fiscal Studies (IFS) today. UCU said the findings demonstrated the pitfalls of increasing students’ debt to fund an expansion of postgraduate education and called for a rethink.

Select committee endorses importance of HEFCE knowledge exchange funding
HEFCE welcome the Business, Innovation and Skills Committee’s endorsement of the importance of HEFCE’s support for higher education knowledge exchange through Higher Education Innovation Funding (HEIF).

Students could tip the balance of power at the 2015 election – so long as they register to vote
HEPI published a detailed study on the electoral power of full-time students, Do students swing elections? Registration, turnout and voting behaviour among full-time students, on the morning of 1st December 2014 – the deadline for the first electoral roll under Individual Electoral Registration.

Further Education & Skills

Association of Colleges Response to latest National Audit Office report on FE and skills
Martin Doel, Chief Executive at the Association of Colleges, responds to the National Audit Office’s latest report Further Education and skills sector: implementing the Simplification Plan.

Edward Timpson – supporting SEND students in further education
How colleges can help young people with special educational needs and disabilities (SEND) into work and independence.

Commemorating 100 years of apprenticeships – new historical research
New historical research released today to tie in with the centenary apprenticeship commemorations reveals how employers’ relationships with apprenticeships have changed over the last 100 years.

Industry

Energy and Utility Skills – Apprenticeships, a Paradigm Shift
When it comes to developing the current and future skills of the UK workforce, the policy focus increasingly seems to be looking to employers to take the lead.

CITB – Autumn Statement projects ‘must be delivered’
The construction industry has grounds for cautious optimism following a series of headline-grabbing Government announcements about infrastructure and apprenticeships.

South West Manufacturers Answer Call for Greater Productivity
A drive in productivity is helping to sustain growth among small to medium sized (SME) manufacturers in the South West.

Employment

Qualitative study of welfare reform shows those affected find it harder to find and keep jobs
The charity Community Links have published the third report in their longitudinal study of the cumulative impact of welfare reform in the London borough of Newham.

George Osborne’s plan may not be set in stone, but it still spells deep cuts
The chancellor has accused his critics of hyperbole, but his autumn statement leaves him little room for manoeuvre.

CIPD – Spending cuts risk one million public sector jobs, figures suggest
Up to one million public sector jobs could be cut by 2020 under dramatic plans to move Britain “out of the red and into the black”, outlined in yesterday’s Autumn Statement.

Trade Unions

TUC – OBR forecast signals dramatic public service cuts and longer living standards squeeze
TUC General Secretary Frances O’Grady comments on the Office for Budget Responsibility (OBR) forecasts published on Wednesday.

TUC – IFS analysis digs up the bad news George Osborne tried to bury
TUC General Secretary Frances O’Grady comments on Thursday’s analysis by the Institute for Fiscal Studies (IFS) of the Autumn Statement and the forecasts by the Office for Budgetary Responsibility.

TUC – Pregnancy and motherhood still hurt career progress
Thousands of new mothers are still being “shunned” by employers despite increased legal protection and new flexible working legislation, according to a report.

UK Research Publications

What works? Evidence for decision makers
An overview of the What Works Centres, bringing together a selection of findings from the Centres’ work to date.

Access to finance – evidence review 4
This review covers three policy strands: 1) Public loans on subsidised loans – where the public sector directly lends all or part of the money to the firm, whether this is on commercial or subsidised rates; 2) Government loan guarantees – The government guarantees or partly guarantees the loan; and, 3) Facilitating alternative forms of lending – creating networks, incentivising or match-making for Business Angels, micro-finance, venture capital, P2P lending and crowdfunding, self-financing groups, group lending and so on.

11/2014 – #AutumnStatement measures
Business rates information letters are issued by the Department for Communities and Local Government at regular intervals throughout the year.

Economic and fiscal outlook – December 2014
This is the OBR’s December 2014 Economic and fiscal outlook.

#AutumnStatement – Supporting Documents
This is the Autumn Statement in full. You can find supporting and related documents below.
Autumn Statement 2014
Impact on households: distributional analysis to accompany Autumn Statement 2014
Autumn Statement 2014 policy costings
Autumn Statement 2014 data sources
Policy decisions table: Autumn Statement 2014
Policy decisions within the welfare cap: Autumn Statement 2014

Budget and #AutumnStatement representations – guidance
Guidance for submitting Budget and Autumn Statement representations.

Local Enterprise Partnership – Intelligence

Infographic – the Labour Market in the Heart of the South West LEP
Infographic illustrating the Labour Market in the Heart of the South West LEP benchmarked against the South West region and England in terms of percentage change.

Click image to enlarge, or download the full spreadsheet.

UK Labour Market, November 2014

Key Points for July to September 2014

  • Download PDF
  • Comparing the estimates for July to September 2014 with those for April to June 2014, employment continued to rise and unemployment continued to fall. These changes maintain the general direction of movement since late 2011/early 2012.
  • There were 30.79 million people in work. This was 112,000 more than for April to June 2014 and 694,000 more than for a year earlier.
  • The proportion of people aged from 16 to 64 in work (the employment rate), was 73.0%, higher than for April to June 2014 (72.8%) and higher than for a year earlier (71.6%).
  • There were 22.52 million people working full-time, 589,000 more than for a year earlier. There were 8.27 million people working part-time, 105,000 more than for a year earlier.
  • There were 1.96 million unemployed people, 115,000 fewer than for April to June 2014 and 529,000 fewer than for a year earlier.
  • The unemployment rate was 6.0%, lower than for April to June 2014 (6.3%) and lower than for a year earlier (7.6%). The unemployment rate is the proportion of the economically active population (those in work plus those seeking and available to work) who were unemployed.
  • There were 9.03 million people aged from 16 to 64 who were out of work and not seeking or available to work (known as economically inactive). This was 38,000 more than for April to June 2014 but 16,000 fewer than for a year earlier.
  • The economic inactivity rate was 22.2%, little changed compared to April to June 2014 (22.1%) and compared to a year earlier (22.3%).
  • Pay including bonuses for employees in Great Britain was 1.0% higher than a year earlier. Pay excluding bonuses for employees in Great Britain was 1.3% higher than a year earlier.
  • Get all the tables for this publication in the data section of this publication.

Regional Labour Market, November 2014

  • Download PDF
  • The employment rate in Great Britain was highest in the East of England and the South East (76.5%) and lowest in the North East (69.0%).
  • The unemployment rate in Great Britain was highest in the North East (9.2%) and lowest in the South East (4.6%).
  • The inactivity rate in Great Britain was highest in Wales (25.8%) and lowest in the East of England (19.4%).
  • The Claimant Count rate in Great Britain was highest in the North East (4.7%) and lowest in the South East (1.6%).
  • Get all the tables for this publication in the data section of this publication.

Changing attitudes to vocational education
Argues for a fundamental change to the way we view vocational education. Changing attitudes is the next key step in transforming our education system into the inclusive and productive one we need to prosper in the global market place. Proposes some actions for policymakers to raise awareness and understanding among teachers, parents and employers that will help bring about real change for young people.

European Programmes – Latest

England 2014 to 2020 European Structural and Investment Funds Growth programme handbook
Detailed information on the England European Growth programme, who is involved, how it is managed and how to apply for funding.

European Structural and Investment Funds – UK proposals
Sets out how the UK proposes to use the European Structural and Investment Funds across the UK from 2014 to 2020.

European Structural and Investment Funds – UK Partnership Agreement
Sets out how the European Structural and Investment Funds will be used across the UK from 2014 to 2020.

Occupational regulation in the EU and UK – prevalence and labour market impacts
Research on the prevalence of occupational regulation in the UK and EU, and an examination of labour market impacts in the UK.

Sector Skills Publications

A map of social enterprises and their eco-systems in Europe – country report, United Kingdom
Outlines the main features of social enterprises in 28 EU Member States and Switzerland using a common definition and approach. Gives an overview of social enterprise eco-systems across countries, including factors constraining their development.

Events

Semta Skills Awards – Engineering Skills for the Future
24 February 2015, Park Plaza Riverbank hotel, London

24/02/2015 – Turn on the spotlights, dust off the red carpet – the hunt is on to find the very Best of British Engineering – which is to be celebrated at the second Semta Skills Awards. The backing of some of the biggest engineering brands in Britain have made the awards night one of the most important dates in the sector’s diary.

Welfare reform – creating effective local delivery partnerships
20 December 2014, Prospero House, Borough High Street, London SE1

20/12/2014 – This one day conference will provide an early opportunity to consider the updated Local Support Services Framework and will feature examples of best practice in the planning and delivery of services sharing learning from the Local Authority led pilots as well as drawing on the experience of housing associations, and third sector organisations in the delivery of budgeting support, debt advice, and financial inclusion inititatives, local welfare schemes, and digitial inclusion projects.

Next steps for the Research Excellence Framework
23 April 2015, central London

23/04/2015 – David Sweeney, Director, HEFCE will be speaking at this seminar, which is scheduled to follow publication of this year’s Research Excellence Framework (REF), the system by which the quality of research from UK HEIs is assessed – with significant implications.