PBR follow-up: Support from FD of the Year

Pre-Budget special report

Lloyd, the Learning and Skills Council FD, was pleased about Brown’s focus on increasing the skills of UK workers.

‘The chancellor is extending employee training, which currently covers one-third of the country. The scheme takes a small firm, looks at the training requirements of their staff, and subsidises the company so their employees can take time off to train,’ Lloyd told Accountancy Age.

‘He’s concentrating on developing the skills of people. The scheme has been extremely successful, and the chancellor is extending the scope of it over the next two years.’

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