Employment: Science and Technology — Question

Part of the debate – in the House of Lords at 2:45 pm on 20th November 2012.

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Photo of Lord Marland Lord Marland The Parliamentary Under-Secretary of State for Business, Innovation and Skills 2:45 pm, 20th November 2012

We have inherited a scheme that carries that out. Obviously, we are going to look at it because this Government's single aim is to get people back into manufacturing and work. Indeed, this morning we announced an increase in the employer ownership pilot grant to £150 million. We are encouraging businesses to upskill and invest in R&D. The Government have committed £150 million to it. There is a range of things that we are doing to improve the workforce and to diversify our country back from a financial service centre to a broader base, but that takes time; it does not happen overnight.