© 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
Work Better, Not More: How to Improve Your Workflow at Home
Strategy
15/10/2020Work Better, Not More: How to Improve Your Workflow at Home

Being a remote worker can cause you to feel like you never actually have time off. You may find yourself replying to emails when you're in bed, or texting a coworker about a project while you're cooking dinner. For workaholics and perfectionists, the pressure

Read Full PostRead - Eye Icon
Fossil Group, Inc. to Acquire Wearable Tech Innovator Misfit .
Finance
13/11/2015Fossil Group, Inc. to Acquire Wearable Tech Innovator Misfit .

Acquisition of Leading Technology Platform and World-Class Engineering Team Will Fuel Rapid Growth in Wearable Technology

Read Full PostRead - Eye Icon
Navigating Ethical Dilemmas in Global Business Operations
Corporate Social Responsibility
15/04/2025Navigating Ethical Dilemmas in Global Business Operations

Doing business across borders is no simple task. Companies must navigate a maze of labor laws, environmental standards and cultural expectations that often clash from one country to the next.

Read Full PostRead - Eye Icon
10 Tasks Your Small Business Should Be Outsourcing
Leadership
12/01/202210 Tasks Your Small Business Should Be Outsourcing

Outsourcing has become the norm as businesses of all sizes look to save money. Handing off rote or otherwise complicated tasks to an agency while your team handles the bread and butter work can be a boon for your productivity, but you may not be leveraging the

Read Full PostRead - Eye Icon
How APIs & SDKs Are Transforming The Enterprise IT Landscape
News
07/09/2023How APIs & SDKs Are Transforming The Enterprise IT Landscape

The endless acronyms used in enterprise IT can get overwhelming, but it’s worth knowing about a few lynchpin examples, whether or not your role is technical. Let’s focus on APIs and SDKs, two niches that continue to create evolving opportunities fo

Read Full PostRead - Eye Icon
Safeguarding Small Enterprises: Navigating the Landscape of SME Cyber Threats
News
30/11/2023Safeguarding Small Enterprises: Navigating the Landscape of SME Cyber Threats

In the dynamic realm of business, Small and Medium-Sized Enterprises (SMEs) are not immune to the pervasive and evolving threats posed by cybercriminals. A recent study by Sharp UK reveals a concerning statistic – a huge one-third of UK SMEs lack any sec

Read Full PostRead - Eye Icon
Transfer Pricing
Finance
01/07/2016Transfer Pricing

BDO is an international network of public accounting, tax and advisory firms which perform professional services under the name of BDO. We have representation in 157 territories, with 64.300 people working out of over 1.400 offices worldwide.

Read Full PostRead - Eye Icon
Data Warehousing: What It Is and Why It Is Important
News
25/05/2022Data Warehousing: What It Is and Why It Is Important

Cloud-based technology is rapidly changing the way people do business throughout the world. Companies can execute their operations more swiftly and effectively thanks to this technology. Important company data such as client portfolios, merchandise, and employ

Read Full PostRead - Eye Icon
How to Find the Perfect Domain Name?
Technology
22/12/2025How to Find the Perfect Domain Name?

Choosing the right domain name is crucial for your digital presence. It forms the foundation of your online identity, affecting brand perception and search rankings. Domain selection requires strategic thinking, whether launching startups, rebranding businesse



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