© Copyright Acquisition International 2026 - All Rights Reserved.

Article Image - EEF Welcomes PM Announcement on Apprenticeship Funding
Posted 17th March 2015

EEF Welcomes PM Announcement on Apprenticeship Funding

Commenting on the Prime Minister and Deputy Prime Minister's announcement to give employers control of apprenticeship funding

Mouse Scroll AnimationScroll to keep reading

Let us help promote your business to a wider following.

EEF Welcomes PM Announcement on Apprenticeship Funding
Image

EEF Welcomes PM Announcement on Apprenticeship Funding

Commenting on the Prime Minister and Deputy Prime Minister’s announcement to give employers control of apprenticeship funding, Tim Thomas, Head of Employment & Skills Policy at EEF the manufacturers’ organisation, said:

“Employers have been calling for years for an apprenticeship system that puts them firmly in the driving seat so the proposed new funding model using a digital vouchers  is both very welcome and an important step forward.  To make sure it’s effective ministers must avoid adding unnecessary red tape and give employers full control of apprenticeship funding as this will be key to providing high quality training. Without this, many employers will continue to be frozen out of taking on their first apprentice or deterred from expanding their current apprenticeship schemes.

“It’s important now for Government to immediately work with employers together to finalise the design of the funding mechanism to ensure it is simple, suitable for firms of all sizes and permanent.”

Commenting on the boost to apprentice pay, Tim Thomas said:

“We have been calling for a boost to apprentice pay and so the 57p increase to £3.30 is the right thing to do for manufacturing. For manufacturers, the value of recruiting apprentices means they will continue to pay above this rate to attract and retain the very best talent. However, the LPC’s role is determine a rate that works best for the wider economy and so government must ensure the increase does not act as a deterrent to recruiting apprentices amongst other sectors.”EEF Welcomes PM Announcement on Apprenticeship Funding


Categories: Finance


You Might Also Like
Read Full PostRead - Eye Icon
Most Innovative Accountancy Firms of 2016, UK
Finance
01/07/2016Most Innovative Accountancy Firms of 2016, UK

Accountancy 4 Wealth Ltd is based in Staffordshire, with 4 offices. They are a chartered accountancy practice which helps clients of all sizes to use their accounts as a basis to grow their business.

Read Full PostRead - Eye Icon
RPM Acquires UK Industrial Tape Manufacturing Business
M&A
03/11/2016RPM Acquires UK Industrial Tape Manufacturing Business

RPM International Inc. today announced that it has acquired Adhere Industrial Tapes Ltd. to be part of its tremco illbruck business group.

Read Full PostRead - Eye Icon
Innovative Lessons from Cleaning Businesses During COVID
Innovation
14/10/2020Innovative Lessons from Cleaning Businesses During COVID

The clean freaks were right. There is something to be said for disinfecting the office every day — and the benefits have never been clearer. As businesses reopen, most are working to reassure customers that their offices are clean and safe. To do so, they're

Read Full PostRead - Eye Icon
Huddle : The Company Making Collaboration Simple and Secure
Innovation
09/09/2019Huddle : The Company Making Collaboration Simple and Secure

Founded in 2006, Huddle is a privately held cloud-based collaboration software company that is headquartered in London, with additional offices in San Francisco,

Read Full PostRead - Eye Icon
How to Effectively Scale Your Business With Guest Blogging
News
04/02/2022How to Effectively Scale Your Business With Guest Blogging

Capturing your audience’s attention in this volatile and competitive market isn’t easy. People are constantly bombarded with online content, and to stand out, your content marketing strategy needs to be on point. A blog is a great way to get customers to p

Read Full PostRead - Eye Icon
BTS Group Acquire AVO Vision
Innovation
01/04/2015BTS Group Acquire AVO Vision

BTS GROUP AB, announced that it has completed the acquisition of AVO Vision, a leading South African-based company focused on corporate learning and development as well as community–worksite education.

Read Full PostRead - Eye Icon
Swiss Excellence in Business Aviation
Innovation
10/11/2017Swiss Excellence in Business Aviation

Swiss Excellence in Business Aviation

Read Full PostRead - Eye Icon
AI and Humans, the Superheroes of Today
Innovation
02/01/2024AI and Humans, the Superheroes of Today

Businesses need to change the perception of AI from being the ‘villain’ to the invisible superhero that will augment employees’ roles and create more jobs. McKinsey Global Institute estimates that as early as 2030 AI could contribute to the creation of 2

Read Full PostRead - Eye Icon
Westinghouse Increases Commitment to Nuclear Industry with Acquisition
M&A
05/10/2016Westinghouse Increases Commitment to Nuclear Industry with Acquisition

Westinghouse Electric Company, LLC has signed a definitive agreement with AZZ Inc. to acquire Nuclear Logistics Inc. (NLI), the largest third-party supplier of safety-related equipment solutions to the nuclear industry. The acquisition supports Westinghouse’



Our Trusted Brands

Acquisition International is a flagship brand of AI Global Media. AI Global Media is a B2B enterprise and are committed to creating engaging content allowing businesses to market their services to a larger global audience. We have a number of unique brands, each of which serves a specific industry or region. Each brand covers the latest news in its sector and publishes a digital magazine and newsletter which is read by a global audience.

Arrow