© 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
What Are the Best Cryptocurrencies to Invest In?
Finance
16/11/2021What Are the Best Cryptocurrencies to Invest In?

Which will be the best Cryptocurrency to invest in 2021? The answer will come from a careful assessment of each distinct asset and its suitability for investing in the global marketplace.

Read Full PostRead - Eye Icon
Riverbed: SD-WAN’s Latest Innovator
Innovation
05/12/2016Riverbed: SD-WAN’s Latest Innovator

Riverbed is a leading technology provider which supports applications, websites, networks, data centers, the cloud, and remote offices to work more efficiently.

Read Full PostRead - Eye Icon
COO of the Month: USA
Innovation
29/06/2016COO of the Month: USA

Channel Products is a leading designer and manufacturer of ignition systems, safety controls, and complimentary products for manufacturers worldwide. The Company got its start in 1972 and is headquartered in Cleveland, OH, with sales and distribution offices i

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
Low Transmission Fluid Pressure: A Hidden Post-Collision Risk for Businesses
Legal
27/01/2026Low Transmission Fluid Pressure: A Hidden Post-Collision Risk for Businesses

For many businesses, vehicle reliability is directly tied to operational continuity, cost control, and risk exposure. Transmission failures are often categorised as routine mechanical wear, particularly when they occur sometime after a collision. However, many

Read Full PostRead - Eye Icon
FarmaTrust : Building Trust and Saving Lives
Innovation
04/01/2019FarmaTrust : Building Trust and Saving Lives

FarmaTrust provides a global blockchain based pharmaceutical provenance system which eliminates counterfeit drugs, automates various pharmaceutical industry processes and provides valuable data insights to our customers. Recently, we caught up with Founder and

Read Full PostRead - Eye Icon
How To Give An Effective Business Presentation
Leadership
10/08/2021How To Give An Effective Business Presentation

A corporate presentation should have an interesting subject given with passion. Here we look at what can make your presentation stand out and give you that edge.

Read Full PostRead - Eye Icon
Strategy, Management & Legal
Finance
08/01/2018Strategy, Management & Legal

Grand Hill Consulting is one of the most successful restructuring boutiques in Brazil.

Read Full PostRead - Eye Icon
The Impact of Quick Financing on Corporate Social Responsibility Initiatives
Corporate Social Responsibility
25/01/2024The Impact of Quick Financing on Corporate Social Responsibility Initiatives

In today's fast-paced business world, the quest for funding to support various initiatives has become critical for corporations.



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