© 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
PSD2: How Will New Regulations Affect Retailers?
Legal
10/09/2019PSD2: How Will New Regulations Affect Retailers?

In September 2019 new rules will be implemented by the European Commission to improve online payment security and ease-of-use for consumers. But how will these affect retailers? Staff Writer Hannah Stevenson discusses.

Read Full PostRead - Eye Icon
How Citywide Infrastructure Upgrades Are Creating Short-Term Pedestrian Risk Zones
Legal
04/06/2026How Citywide Infrastructure Upgrades Are Creating Short-Term Pedestrian Risk Zones

Cities across the country are investing heavily in infrastructure upgrades. Aging water lines are being replaced, sidewalks are being rebuilt, utility systems are being modernized, and streets are being redesigned to improve long-term safety and accessibility.

Read Full PostRead - Eye Icon
4 Tech Pitfalls to Avoid When Launching a Startup
News
31/01/20224 Tech Pitfalls to Avoid When Launching a Startup

Starting a business can be an effective way to boost your finances. It allows you to be innovative by thinking of marketing strategies to promote your business and succeed financially. That’s why you see most young professionals turn to entrepreneurship inst

Read Full PostRead - Eye Icon
Better Capital’s Acquisition of CAV Aerospace
Innovation
01/04/2015Better Capital’s Acquisition of CAV Aerospace

Better Capital's Fund II has committed £40m to CAV Aerospace.

Read Full PostRead - Eye Icon
Eliminate Finance Constraints: 5 Ways Fintech Helps Support Start-ups
Innovation
14/08/2023Eliminate Finance Constraints: 5 Ways Fintech Helps Support Start-ups

From cyber security to banking management, fintech is a one-stop financial solution for startups. Eliminate financial constraints with fintech this time.

Read Full PostRead - Eye Icon
Key to Success – Lithia Motors Acquires DCH Auto Group
M&A
12/03/2015Key to Success – Lithia Motors Acquires DCH Auto Group

In October 2014, Lithia Motors, Inc. announced that it had completed the purchase of DCH Auto Group Inc., one of the 10 largest dealer groups in the US.

Read Full PostRead - Eye Icon
Broadstone Secures A Further £1.5m To Fuel Expansion Following Major Contract Wins
Innovation
30/01/2020Broadstone Secures A Further £1.5m To Fuel Expansion Following Major Contract Wins

Existing investors continue to back company's aim to transform flexible workforces in regulated industries.

Read Full PostRead - Eye Icon
Business Automation Solutions
Innovation
05/10/2022Business Automation Solutions

Square 9 Softworks, the ‘Most Innovative Digital Transformation Software Provider’ for 2022, has developed a stellar international reputation for simplifying common business tasks with a complete overhaul of its clients’ business processes.

Read Full PostRead - Eye Icon
Cyber Criminals Target M&A  Negotiations
Innovation
22/06/2015Cyber Criminals Target M&A Negotiations

We hear from Stuart Poole-Robb, Chief Executive of the security, business intelligence and cyber security adviser, the KCS Group Europe.



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