News Summary

• The UK government put a national semiconductor strategy in place as a plan to elevate its position in this business.
• The strategy had three main goals: growing the domestic sector, strengthening the supply chain, and bolstering national security.
• Part of the domestic growth plan includes shoring up a skills base that Whitehall has admitted is sorely lacking.
• The government instigated several initiatives designed to stoke the pipeline of new talent from high school through to university by increasing investment in STEM learning.
• It also committed to investments in industry-led learning to get grads up to speed in specialist jobs.