The number of UK graduates going into professional services careers rather than manufacturing represents a “failure” of industrial policy, former Royal Dutch Shell chief Peter Voser has said.
Voser, who now chairs Swiss engineering group ABB, said that British university graduates had been let down by the country’s education system and successive governments that neglected its manufacturing sector.
“I think the UK forgot how important certain sectors are,” he said. “It’s a failure?.?.?.?[that so many graduates go into consulting]. There should be more in, for example, advanced manufacturing.”
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