ABSTRACT
The aim of this chapter is to examine the assumptions underlying British training policy in recent years. It argues that many of these assumptions are questionable, and explores the policy implications of this clash between official perceptions and reality. In particular, Britain's skill problem is at least as much one of low demand for skills as one of inadequate supply. Policy concentrates on enhancing supply in a system which is employerled and which to a large extent ignores deep-seated reasons for lack of employer demand. Thus its effectiveness is likely to be limited.
