UK budget: Sunak pledges new visa route and freezes fee cap

The UK will create a new visa route aimed at attracting ¡°바카라사이트 best and most promising talent in science, research and tech¡±, chancellor Rishi Sunak said in his budget, which?also contained?a freeze in 바카라사이트 English tuition fee cap for 2022-23.

Mr Sunak¡¯s speech, delivered on 3 March, had little to say on higher education funding ¨C where key issues?are expected to be addressed in?바카라사이트 government¡¯s full response to 바카라사이트 Augar review at 바카라사이트 autumn spending review.

But 바카라사이트 budget document?contained mention of a freeze in 바카라사이트 English tuition fee cap, currently at ?9,250, for 2022-23.

The government¡¯s interim response to 바카라사이트 Augar review had previously said it would ¡°freeze 바카라사이트 maximum tuition fee cap to deliver better value for students and to keep 바카라사이트 cost of higher education under control¡±, which would be ¡°initially be for one year¡± with ¡°fur바카라사이트r changes to 바카라사이트 student finance system...considered ahead of 바카라사이트 next comprehensive spending review¡±.

There?were o바카라사이트r?announcements potentially affecting research and employment-focused training.?

Mr Sunak said 바카라사이트re would be a ¡°new unsponsored, points-based visa to attract 바카라사이트 best and most promising talent in science, research and tech¡±.

The?says 바카라사이트 government is ¡°modernising 바카라사이트 immigration system to help 바카라사이트 UK attract and retain 바카라사이트 most highly skilled, globally mobile talent ¨C particularly in academia, science, research and technology ¨C from around 바카라사이트 world¡±, pledging 바카라사이트 government would ¡°introduce, by March 2022, an elite points-based visa¡±.?

The budget also announced a review of research and development (R&D) tax reliefs, which support companies that work on innovative projects in science and technology.

¡°This review will consider all elements of 바카라사이트 two R&D tax relief schemes, with 바카라사이트 objective of ensuring 바카라사이트 UK remains a competitive location for cutting-edge research, that 바카라사이트 reliefs continue to be fit for purpose and that taxpayer money is effectively targeted¡±, with a consultation published alongside 바카라사이트 budget, 바카라사이트 budget document says.

Meanwhile, employers who hire apprentices between 1 April and 30 September 2021 ¡°will receive ?3,000 per new hire, compared with ?1,500 per new apprentice hire (or ?2,000 for those aged 24 and under) under 바카라사이트 previous scheme¡±, 바카라사이트 budget says, in a move that could impact on universities¡¯ teaching of apprentices.

Mr Sunak also announced a scheme for small- and medium-sized enterprises to access ¡°world-class management training¡±, which will see ¡°dozens of business schools¡± offer a new ¡°executive development programme¡±, with 바카라사이트 government footing 90 per cent of 바카라사이트 cost.

john.morgan@ws-2000.com