© 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
6 Ways To Increase Your Customer Service With An Inbound Number
News
08/07/20246 Ways To Increase Your Customer Service With An Inbound Number

If your customer service experience has been badly received by your customers lately, then it’s your duty to come up with ways to improve it, and fast. A bad customer service experience can tarnish your reputation—leading to reduced customer loyalty and a

Read Full PostRead - Eye Icon
The Key Skills for Finance Success
Finance
16/09/2015The Key Skills for Finance Success

Success can be measured in many different ways but in terms of how a professional can reach the top, strong leadership skills have been identified as the most important attribute.

Read Full PostRead - Eye Icon
Seven Easy Steps Employers Can Take to Engage Gen Z in the Workplace
Leadership
01/07/2024Seven Easy Steps Employers Can Take to Engage Gen Z in the Workplace

Whether it is maintaining flexibility in the workplace or scrapping annual reviews, there are plenty of ways to keep this generation engaged. Below you can find compelling insights into how Gen Z is navigating the workplace, and effective strategies emplo

Read Full PostRead - Eye Icon
Personal Loans Vs. Credit Cards: What You Should Know
News
12/09/2024Personal Loans Vs. Credit Cards: What You Should Know

While often ignored, choosing the right borrowing option is critical when managing personal finances. Personal loans and credit cards are the most preferred financial tools. They serve different purposes and distinctly affect your financial health. Be it to fu

Read Full PostRead - Eye Icon
Paying the Price: Late Payments Forcing UK Businesses to Make Tough Decisions
Finance
17/02/2015Paying the Price: Late Payments Forcing UK Businesses to Make Tough Decisions

Although late payments are something almost every business comes across, in the UK there is currently a culture of unpaid payment causing a domino effect of debt across the British Isles.

Read Full PostRead - Eye Icon
Uxin raises US$170 million from Baidu, KKR and Coatue
Strategy
18/03/2015Uxin raises US$170 million from Baidu, KKR and Coatue

Leading Chinese used car auction company expands into B2C market

Read Full PostRead - Eye Icon
Hot or Cold? Kaspersky New Phishing Scheme Targeting Cryptocurrency Users Worldwide
Finance
11/07/2023Hot or Cold? Kaspersky New Phishing Scheme Targeting Cryptocurrency Users Worldwide

Kaspersky provides an in-depth report revealing the intricacies of these two distinct email attack techniques and enlightening the differences in hot and cold cryptocurrency storage methods.

Read Full PostRead - Eye Icon
Perspective – Four New Firms Acquired
News
01/12/2023Perspective – Four New Firms Acquired

Perspective Financial Group Acquires Four New Firms with More Growth Set to Come Perspective Financial Group has purchased an additional four financial advisory firms, taking the group’s total to 12 acquisitions in 2023. The four acquisitions are: Bright

Read Full PostRead - Eye Icon
Finding Face in the Fintech  Investment Boom
Finance
01/06/2015Finding Face in the Fintech Investment Boom

We recently spoke to Sam Pearse, Partner, Corporate & Securities, at Pillsbury Winthrop Shaw Pittman LLP about how to find face in the Fintech Investment Boom.



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