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Britain is seeing unprecedented demand for a changing set of skills – especially with regard to the development of science, technology, engineering and mathematics (‘STEM’). Skills development is vital to Britain’s role as a competitor in an increasingly global economy, attracts inward investment and has a powerful impact on regeneration and growth for local economies.
Many local areas grapple with the challenge of developing the skills of their population – as well as retaining those skills for the benefit of the local area.
How can local authorities best ‘upskill’ their population and stimulate investment into skills development? How can they build lasting and useful partnerships with the third and private sector to build a sustainable local economy that draws in investment?