Policy · The Guardian AI ·

Reeves to launch City ‘skills compact’ committing firms to retrain staff in AI

Reeves to launch City ‘skills compact’ committing firms to retrain staff in AI

Rachel Reeves is set to announce a government-backed City “skills compact” that would ask firms including Barclays and Lloyds to retrain thousands of financial services workers for AI-related changes. The initiative aims to help employees keep pace with technology shifts and reduce concerns about redundancies.

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