Judith Bunting, Liberal Democrat MEP for the South East and Spokesperson for Education in Europe, has given her backing to what the party has offered as its vision for a “new era of learning throughout life”.
The concept entails the creation of an ambitious Skills Wallet. This will give every adult £10,000 to spend on education and training throughout their lives. It will be paid for by reversing government cuts to corporation tax to bring the rate back to 20%.
Judith, who also sits on the Committee for Culture and Education (CULT) in the European Parliament, says: “The new plan gives people £4,000 for additional training at 25, £3,000 at 40 and another £3,000 at 55. It will help us all stay up to date in the workplace and also help people who respond better to training when they are older, outside of college or university.
“A Liberal Democrat government will create a new era of learning throughout adult life with Skills Wallets for every individual, providing £10,000 for each of us to spend on education and training at different stages of life.”
Individuals, their employers and local government will be able to make additional payments into the wallets, if they wish. Access to free careers guidance will also be provided.
Judith continues: “By stopping Brexit and investing in our Skills Wallets, Liberal Democrats will empower people to develop new skills so that they can thrive in the technologies and industries that are key to the UK’s economic future and prosperity.
“Only the Liberal Democrats have a real plan to build a fairer economy and a brighter future.”