© 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
Abbott to Sell Portion of Vascular Closure and Electrophysiology
Finance
19/10/2016Abbott to Sell Portion of Vascular Closure and Electrophysiology

Abbott and St. Jude Medical, Inc. announced today an agreement in principle to sell certain products to Terumo Corporation.

Read Full PostRead - Eye Icon
Estin & Co Advise Naxicap Acquisition of FIK Group from Perceva
Legal
24/06/2015Estin & Co Advise Naxicap Acquisition of FIK Group from Perceva

Estin & Co Advise Capital Export During Backing of Celec BIMBO

Read Full PostRead - Eye Icon
Tech-led M&A: How to Attract a Buyer
Leadership
05/06/2019Tech-led M&A: How to Attract a Buyer

The tech sector is one of the most targeted for M&A activity, attracting a wide variety of cross-industry buyers.

Read Full PostRead - Eye Icon
Privée At The Pinnacle
Innovation
Read Full PostRead - Eye Icon
Is Your Retail Job Safe? What AI and ChatGPT Mean for the Retail Industry
Innovation
01/03/2023Is Your Retail Job Safe? What AI and ChatGPT Mean for the Retail Industry

ChatGPT, the new AI-powered chatbot, is set to revolutionise the way we work. The chatbot uses natural language processing (NLP) to generate high-quality, human-like responses upon user request, making it one of the most innovative and influential AI systems t

Read Full PostRead - Eye Icon
Three Decades of Infallible, High-End Technology Solutions
Leadership
10/11/2025Three Decades of Infallible, High-End Technology Solutions

From its home in Virginia, Open Systems Technologies (OST) Corporation has been providing its signature brand of customized, top-of-the-line security solutions to large enterprises since opening its doors back in 1996. Guided by a combination of experience and

Read Full PostRead - Eye Icon
6 Sustainable Promotional Products That Leave a Memorable Brand Impression
News
06/11/20236 Sustainable Promotional Products That Leave a Memorable Brand Impression

IMG Source – https://unsplash.com/photos/a-close-up-of-a-paper-bag-on-a-table-NzO8KVLzpQc In an era where environmental concern informs consumer behavior more than ever before, businesses are under increasing pressure to align with these values. Traditio

Read Full PostRead - Eye Icon
Leading the Way in Fiduciary Services
Finance
06/03/2018Leading the Way in Fiduciary Services

Fiduciana Trust (Cyprus) Limited is a boutique Cyprus trustee and fiduciary services company with international coverage.

Read Full PostRead - Eye Icon
First Quarter Update – Puyat Jacinto & Santos (PJS) Law
Legal
01/07/2016First Quarter Update – Puyat Jacinto & Santos (PJS) Law

PJS Law is Puyat Jacinto & Santos, a Philippine-based general professional partnership engaged in the practice of law.



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