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AAT welcomes government pledge to move more people up the career ladder

AAT has welcomed the Government’s pledge to boost skills and support alternative pathways to develop a successful career.

The promise was made in the Queen’s Speech and included funding for training courses such as AAT’s Level 3 Advanced Diploma in Accounting and Advanced Certificate in Bookkeeping qualifications.

The proposed changes include a new student finance system to give every adult access to a flexible loan for higher-level education and training at university or college, which they can use at any point in their lives.  Employers will also be handed a statutory role in planning publicly-funded training programmes with education providers, through a “Skills Accelerator” programme.

AAT believes these changes can support social mobility and boost recovery.

Mark Farrar, Chief Executive, AAT, said:

“The announcements in the Queen’s Speech will help even more people across the UK access the training they want or need to reskill, whatever stage of their life or career, and give them access to wider opportunities to thrive in a rapidly changing business environment.

“AAT is pleased to see the Government’s ongoing commitment to lifelong learning, which will be vital to the UK’s economic recovery following the pandemic. The Lifetime Skills Guarantee has the potential to create new opportunities and we look forward to next week’s announcements for the detail on how people will be supported, including loans.

“Whilst there are many positives to be taken from the new measures, we would also want to see more support for the UK’s small and medium-sized enterprises to ensure that available training matches the needs of local economies, including reform of the apprenticeship levy. Doing so would help to tackle regional skills gaps and improve job prospects, whilst also meeting the needs of the economy as we navigate the coming months.”

AAT’s Level 3 Advanced Diploma in Accounting and Advanced Certificate in Bookkeeping qualifications are both included among 400 fully funded courses as part of the Lifetime Skills Guarantee.

These fully-funded courses are now available to adults aged 24 or over seeking their first Level 3 qualification. A Level 3 course is equivalent to a technical certificate or diploma or two full A Levels. AAT courses are open to anyone regardless of age, school qualifications or background.

Prime Minister Boris Johnson said of the new Bill:

“I’m revolutionising the system so we can move past the outdated notion that there is only one route up the career ladder, and ensure that everyone has the opportunity to retrain or upskill at any point in their lives.”

David Nunn is Content Manager at AAT.

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