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Story summary
- Policy Exchange think tank released a report urging creation of technical colleges to replace failing degrees.
- Lord David Blunkett and Sir James Dyson backed the report, saying three-year degrees lack needed skills.
- NEETs aged 16-24 topped one million earlier this year, the first exceedance in over a decade.
- The report calls for a £50 million fund to seed up to ten NMITE-type providers in cold-spot areas.