Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Emma Hardy Excerpts
Tuesday 7th September 2021

(2 years, 7 months ago)

Commons Chamber
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Rishi Sunak Portrait Rishi Sunak
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Talking about young people and financial services, I was recently in Glasgow talking about young people starting exactly what the hon. Gentleman described: new apprenticeships in the financial services industry, growing in Glasgow, supported by this Government who have put more money behind apprenticeships than any previous Government.

Emma Hardy Portrait Emma Hardy (Kingston upon Hull West and Hessle) (Lab)
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I am hearing from colleges that fewer level 1 and level 2 students are going to college as they are going straight into work and that is to be commended, but we know that having a level 3 increases people’s earnings potential in the long term and therefore opportunities to obtain that level 3 must be available to those young people as they get older. How can they achieve that, however, when the Chancellor has cut the adult skills budget by half since 2010?

Rishi Sunak Portrait Rishi Sunak
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I point the hon. Lady to the Prime Minister’s speech on skills last year when he unveiled this Government’s lifetime skills guarantee, which delivers exactly what she is asking for. Those 10 million adults without a level 3 qualification, who she is absolutely right to highlight, will, for the first time, be able to get one, fully funded by this Government. That is a Conservative Government delivering for people, giving them the skills and opportunities they need.