© 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
Bitcoin vs Stock Investing – Which is the Best Option for New Investors?
Finance
06/07/2021Bitcoin vs Stock Investing – Which is the Best Option for New Investors?

Investing in stocks or in cryptocurrencies can be tricky, especially if you're new to the trade. In this article, we look at both investments and weigh the risks,

Read Full PostRead - Eye Icon
CEO of the Year, Austria
Leadership
02/02/2016CEO of the Year, Austria

Vienna International Hotelmanagement AG looks back on more than 26 years of success, during which time it has focused on building and expanding its portfolio of hotels in the 3- to 5-star segment.

Read Full PostRead - Eye Icon
Sharing Key  Messages Across the Global Community
Innovation
01/11/2016Sharing Key Messages Across the Global Community

Cisco build and creates the protocols that run the internet, and is involved in software service, the Cloud and Internet of Things.

Read Full PostRead - Eye Icon
AI and ESG: Where Do They Overlap?
Corporate Social Responsibility
06/11/2023AI and ESG: Where Do They Overlap?

AI and ESG are two boardroom topics that have more in common than you might think.

Read Full PostRead - Eye Icon
Shaping the Future in the Digital Age
Legal
06/02/2024Shaping the Future in the Digital Age

For the best part of the last two decades, Liliana Bakayoko has been a vital cog in the works when it comes to assisting national and international clients with matters of law.

Read Full PostRead - Eye Icon
7 Considerations to Keep in Mind When Downsizing Your Office Space
News
16/09/20227 Considerations to Keep in Mind When Downsizing Your Office Space

The process of downsizing your office space can be daunting, but it doesn't have to be. A lot of companies right now have decided to downsize their office space for a variety of reasons. Maybe your company is doing better than expected and you're running out o

Read Full PostRead - Eye Icon
Inspiring Inclusion and Investing in Women will Level the Playing Field
Corporate Social Responsibility
26/03/2024Inspiring Inclusion and Investing in Women will Level the Playing Field

While the number of women in the workforce holding senior positions and running their own businesses has increased in recent years, there is still a lot of work that needs to be done to level the playing field.

Read Full PostRead - Eye Icon
The Smart Choice
Innovation
13/02/2017The Smart Choice

Remfry & Son is a well-established law firm which continues law practice first established in 1827 by its founder Mr. Henry Oliver Remfry of England U.K. and carried on under the name of Remfry & Son by Mr. Chughtai Mirza Jamiluddin, Advocate. Professional pra

Read Full PostRead - Eye Icon
Worker’s Compensation Claims in Chicago: What You Need to Know
Legal
05/06/2023Worker’s Compensation Claims in Chicago: What You Need to Know

Employers do their best to ensure the safety and well-being of their employees, from implementing safety regulations and determining if employees should wear PPE to providing ergonomic equipment and wellness resources.



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