T-levels a stimulant to the tech economy

Published on: 10th March 2017

“T-levels could be a real boost to SMEs and scale-up companies, the lifeblood of the UK economy,” said Fergus Caheny, partner and head of technology at Smith & Williamson, the accountancy, investment management and tax group which has a large office in central Bristol. “We welcome the focus on equipping the next generation with the right skills but wonder whether it can be delivered in more generalised courses.”
Teenagers who undertake technical training, for example engineering or construction courses, will spend 50% longer learning than they do now, equating to 900 hours of teaching a year.  However, the current https://www.acheterviagrafr24.com/viagra-en-france/ system of 13,000 different courses will be replaced with just 15 standalone courses.
Fergus continued: “The Chancellor mentioned that people may have to retrain once, twice or even more during their lifetime.  No area is this more apparent than within the tech sector where the products of the next decade are not even in existence now.  Having a workforce which is dynamic and able to cope with these changes is vital to securing the ongoing prosperity for the UK economy.”
Smith & Williamson’s recent Enterprise Index indicated a decline in the confidence that small business owners had in the ability of the talent pool to produce what is required of them in day-to-day business life.  Only 40% were of the opinion that there was sufficient knowledge.
“Technology, including artificial intelligence, the internet of things and cyber security are the future of the UK economy and we need to ensure that this is recognised with the development of technical courses.  We, and many others, have been encouraging change and the development of practical STEM skills for years so it is hugely encouraging to see this being recognised.  Hopefully this will see the cementing of the UK as the place for tech businesses to grow, develop and succeed,” said Fergus.