Boosting training could add £200m to UK economy, study suggests

Increasing investment in training and education could boost the UK economy by more than £200m, a study from a North East firm suggests.

The report from Durham-based national training company Learning Curve Group said that training in areas such as digital skills, leadership and management, and STEM could boost the country’s economic growth by up to 1.4% by easing labour shortages. There would also be a boost to the public wellbeing by getting people into better jobs, while business investment is likely to increase if companies have more skilled workforces, the report says.