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PRIVACY
Opinion

Investment in skills and apprenticeships key for economic growth

Geraint Evans, corporation chair of Cardiff and Vale College Group, on why the Welsh and º£½ÇÊÓÆµ governments need to prioritise greater investment in skills and apprenticeships

Corporation chair of Cardiff and Vale College Group Geraint Evans.

Education changes lives. In fact, I firmly believe that, as Nelson Mandela once said, education is the most powerful weapon to change the world.

Society is changing and we have a choice. Both governments in Cardiff Bay and Westminster have set out an ambitious vision for our country with the launch of their industrial strategy. It’s big, it’s bold and it puts skills right at the very heart of its mission to drive growth and seize new opportunities to create high-quality and well-paid jobs.

But these can’t be empty words. We must see change. Creating high quality jobs will drive long-term economic growth but that means we need investment in skills. Our young people need to be given the opportunity to follow pathways that are right for them and that set them up for life with the skills needed by their future employers. Businesses need skilled and employable people.

Building a skilled workforce will improve productivity and deliver on economic opportunities. It is the only way that we will reach our full economic potential and build a brighter and fairer nation for future generations. And that is what will help to make families better off and drive social mobility.

From improving education standards to preparing for the major investment summit in Wales later this year, the First Minister and her colleagues have returned from the Christmas recess with a significant to-do list if they are going to start to deliver on their priority of creating jobs to make families better off. No doubt they will also be mindful that all eyes will be on Welsh Government this year as the countdown begins to the election in 2026.

The simple fact is that our economy cannot and will not prosper without investment in our people. Indeed, the Labour Party’s own Council of Skills Advisers has argued that “a transformational change in the investment—public and private—in the skills of the British people” would transform the British economy, boosting productivity and economic growth.

Skills are vital to meeting both current and future business demands. Investment in skills and upskilling underpins sustainable economic growth, which in turn reduces poverty and creates more wealth to help fund our public services.

Evidence suggests that greater skill levels benefit the economy as a whole and provide significant economic and social benefits for individuals. ColegauCymru published a report last year exploring social value in the further education sector.