Sir James Dyson backs a call for new 'technical universities' while a report warns traditional degrees are failing the young

More than a million young people are now out of education, employment or training, yet employers report over 250,000 vacancies they cannot fill for lack of skills. The Policy Exchange report, also backed by former Labour education secretary Lord David Blunkett, says three-year degrees often give 'limited economic value'. It wants a £50m fund to seed up to 10 new technical institutions. Hartlepool and Grimsby top its list.
Its model is Hereford's NMITE, which runs two-year degrees on a nine-to-five working week.
The risk of becoming Neet is more than twice as high for disadvantaged youngsters.
The report warns prospects for Britain's young 'look increasingly dismal'.
