The Chancellor of the Exchequer will present his Spring Budget to Parliament this Wednesday. With a General Election on the horizon, and little fiscal headroom, all eyes will be on Jeremy Hunt as he hopes to take this opportunity to shape the country further.
As ever, we can expect the main focus in the run up to the Budget to be on tax changes, but we also know that in order to stabilise public finances, the Chancellor will need to create the conditions needed to reverse the current recession and start the sustained economic growth.
A necessary (though not sufficient) condition for economic growth is further investment in skills. Britain faces skills shortages across many key industries which is holding back growth.
We outlined the need to tackle this urgently through our vision for a sustainable skills system, Skills Means Growth, which we published last year.
