A group of leaders of Swedish companies and universities have proposed a new model for financing international students through 1,500 grants. The grants will be calculated on a cost-benefit analysis of at least 20% of the students working and paying taxes in Sweden for five years after graduating

The failure of companies, education institutions and young people to understand one another is one of the reasons why employers are not getting the skills they need and there are now 5.6 million young people jobless across Europe, according to a report by McKinsey & Company

OECD study exposes serious skills gaps in Europe

A further GBP25 million will be spent on participation in the M3 Space Mission, PLATO, with the UK playing a leading role in the giant telescope comprising 34 telescopes, according to the UK Department for Business, Innovation and Skills.