Upgrades
Speed Training
Increases the movement speed of all units by 10%. This can make it harder for the enemy to block all the channels you are attacking, especially in charges. Makes charging down ranged attackers easier.
Increased Armour
Add 10 hit points to all your units making them tougher to kill.
Marksmanship
Increases the accuracy of ranged units, meaning arrows etc are more likely to hit the target.
Spear Training
Increases the damage done by spears by 5
Swordsmanship
Increases the damage done by swords by 5
Halberd Training
Increases the damage done by halberds by 5
Axe Training
Increases the damage done by axes by 5
Race Specific Unit Upgrades
Lots of people have asked about which upgrades effect which race specific units or if they can be upgraded at all. The answers are revealed below:
Battle Axeman - Axe Training
Ranger - Marksmanship
Axe Thrower - Marksmanship
Flailer - Cannot be upgraded
Giant Troll - Cannot be upgraded
Javelin Thrower - Marksmanship
Kings Guard - Swordsmanship
Whirler - Halberd Training
Spearmaster - Spear Training