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More pathways | Why Lloyds Banking Group's CPO just announced a £100m investment in future skills

A view of a Lloyds Banking Branch in London
A view of a Lloyds Banking Branch in London
The £100m funding pledge from Lloyds builds on years of investment in skills training and career development

Early in his tenure, Labour Prime Minister Andy Burnham has been unequivocal about the need to prioritise and rebuild technical education, skills training, and work experience. 

In a late July statement, Burnham noted: "In a fundamental change to the education system, we will introduce new technical education pathways from 14 – prestigious routes that will give students the chance to combine the core academic subjects with the skills, technical knowledge and experience they need to get quality, well-paid jobs." 

Burnham’s pledge builds on work undertaken by the Starmer Labour Government between 2024 and 2026. 

The Dutch angle 

In late June of this year, Dutch-style employment support to the tune of £2.5billion was pledged to tackle rising NEET numbers.  

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