Britain does well at higher education, and not so well for its non-graduates. The main problem is the failure to train more people when they are young. Research shows that 30 per cent of 18 year olds are not in education or training – many more than in competitor countries. Low skills for this group are a major cause of low national productivity and high wage inequality. Due to the shortage of skills, the rate of return to developing skills through further education and apprenticeship is high, but the facilities for skill development needs to catch up. Click here for more.
