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World Class Skills 2020

I am following the hon. Gentleman with interest, as I, too, have received the City of London’s briefing. It is worth mentioning—but it often does not get mentioned—that although higher education rightly boasts of its enormous contribution to this country’s invisible earnings, professional training is equally a huge invisible export earner. That training is entirely delivered by the private sector to people coming to this country to train to be lawyers, accountants, chartered surveyors and so on. The UK’s professional qualifications are valued the world over and earn a lot of money for this country through such teaching and training.