THE NATIONAL SKILLS ACADEMY IN FINANCIAL SERVICES
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Studying at the National Skills Academy

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The National Skills Academy Network represents a major investment by the Government and employers. But it will bring real returns, including:

  • A better trained, highly skilled workforce, adapted to employers’ needs
  • Fewer skills gaps in key sectors of the economy
  • A broader base of potential recruits
  • Improved productivity and real savings for employers
  • A stronger economy, as skills training in key sectors benefits UK industry as whole.

“There was a substantial association found between training and chance of establishment closure. 27% of non training establishments closed between 1998-2004 whilst only 11% of training establishments ceased trading. Training establishments were thus nearly 2.5 times more likely to survive.”
[Source: Training and Establishment Survival. Collier, Green and Kim (2007)]