© 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
Ambient Advertising, Yard Signs, and More: Why Real-World Marketing Still Matters
News
11/04/2022Ambient Advertising, Yard Signs, and More: Why Real-World Marketing Still Matters

Marketing is essential for every business, but with the popularity of ecommerce, digital marketing has been receiving all the attention. However, we still live in a physical world where people walk into businesses and pass by physical locations. Therefore, eve

Read Full PostRead - Eye Icon
6 Ways RPA Can Transform Your Small Business
News
30/11/20226 Ways RPA Can Transform Your Small Business

Robotic process automation (RPA) is a hot topic among businesses for many reasons. It increases productivity, which in turn increases profit. Business efficiency is another area where RPA can do wonders. While RPA can impact a company positively, many business

Read Full PostRead - Eye Icon
5 Ways to Spot a Phishing Email: A Guide to Cyber Awareness
News
20/08/20245 Ways to Spot a Phishing Email: A Guide to Cyber Awareness

Phishing is nothing new, it’s been around for years and is the most common form of cyberattack. You’d think by now the world would be wise to phishing emails and online scams to such an extent that they’d become extinct. Yet phishing has morphed into inc

Read Full PostRead - Eye Icon
Innovative, Practical, Cost-Effective Forklifts
News
18/07/2022Innovative, Practical, Cost-Effective Forklifts

TASK Forklifts designs, engineers and manufactures a range of pedestrian walkie stackers for the materials handling industry. Acquisition International magazine has recognised the company for its award in Most Outstanding Forklifts Manufacturer 2022 – Austra

Read Full PostRead - Eye Icon
International Accounting Day 2023: Universal Accounting Center
Finance
06/11/2023International Accounting Day 2023: Universal Accounting Center

Since 1979, Universal Accounting Center (UAC) has been a post-secondary school for budding accounting, bookkeeping, and tax professionals, delivering premier training, certifications, coaching, and support to help them take their careers to the next level.

Read Full PostRead - Eye Icon
Improving Your Physical Store Layout- 4 Design Principles to Apply
News
09/09/2024Improving Your Physical Store Layout- 4 Design Principles to Apply

Improving Your Physical Store Layout: 4 Design Principles to Apply An effective store layout plays a vital role in shaping the overall shopping experience and directly influences several key aspects of retail performance. The most well-designed layout will mak

Read Full PostRead - Eye Icon
Corinthia Hotels Announces the Acquisition of the Grand Hotel Astoria, Brussels
Finance
17/05/2016Corinthia Hotels Announces the Acquisition of the Grand Hotel Astoria, Brussels

Corinthia Hotels Announces the Acquisition of the Hotel Astoria in Brussels.

Read Full PostRead - Eye Icon
Accelerating New FinTech Products With Modular Front End Technology by Velmie
Innovation
20/01/2023Accelerating New FinTech Products With Modular Front End Technology by Velmie

Front end and UX always become a challenge and key success factor when building new tech products. In the FinTech space, it plays an even more important role considering high CAC costs and the average CLV metrics.

Read Full PostRead - Eye Icon
Fundrise CEO Ben Miller and VC Tomasz Tunguz Dive Deep on the ‘Decade of Data’ and the Evolution of AI
Innovation
15/12/2023Fundrise CEO Ben Miller and VC Tomasz Tunguz Dive Deep on the ‘Decade of Data’ and the Evolution of AI

Fundrise, a direct-to-consumer alternative asset manager, recently announced a $5 million investment in Theory Ventures, a new venture capital fund founded by Tomasz Tunguz, formerly of Google and Redpoint Ventures.



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