© 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
Cisco Unveils Plan for Building Internet for the Next Decade of Digital Innovation
Innovation
16/12/2019Cisco Unveils Plan for Building Internet for the Next Decade of Digital Innovation

Cisco has unveiled the details behind its technology strategy for building a new internet- one designed to push digital innovation beyond the performance, economic and power consumption limitations of current infrastructure.

Read Full PostRead - Eye Icon
Can Automation Help to Eradicate Human Error in the Workplace?
Innovation
27/09/2022Can Automation Help to Eradicate Human Error in the Workplace?

Each day, businesses across the country handle countless transactions and obtain vast amounts of data. Unfortunately, while processing and utilizing this data, the opportunity for human error is high. These mistakes can be costly.

Read Full PostRead - Eye Icon
Pavilion Financial Corporation to Acquire Altius Holdings Ltd
Finance
28/06/2016Pavilion Financial Corporation to Acquire Altius Holdings Ltd

Pavilion Financial Corporation (Pavilion), a North American based employee-owned, investment services firm, today announced that it plans to acquire Altius Holdings Ltd., the parent company of Altius Associates Ltd. and Altius Associates (Singapore) Pte. Ltd.

Read Full PostRead - Eye Icon
Handling Industrial Progress and Strategic Mergers
News
06/05/2024Handling Industrial Progress and Strategic Mergers

In an era where rapid change defines the business landscape, the adoption of industrial automation is a critical shift. Industries ranging from automotive to general manufacturing are seeing reshaped production environments due to advanced machinery

Read Full PostRead - Eye Icon
Avoid These 6 Intellectual Property ‘Business Killers’
Legal
27/01/2023Avoid These 6 Intellectual Property ‘Business Killers’

According to JiNan, understanding patent trends can drastically protect existing intellectual property and increase valuation as businesses develop that which is new. However, she cautions that there are a few specific “business killing” myths and mistakes

Read Full PostRead - Eye Icon
Colina Financial Advisors Ltd : Creating A Lasting Legacy
Finance
12/04/2019Colina Financial Advisors Ltd : Creating A Lasting Legacy

Colina Financial Advisors Ltd : Creating A Lasting Legacy Based in Nassau, The Bahamas, Colina Financial Advisors Ltd (CFAL) is a leading independent investment and advisory firm with a long and proven record of financial stability and integrity in all economi

Read Full PostRead - Eye Icon
6 Common Reasons Why New Stock Market Investors Fail
Finance
14/12/20206 Common Reasons Why New Stock Market Investors Fail

While trading has been made easier than ever thanks to all the tools and options we now have at our disposal, it is still far from easy.

Read Full PostRead - Eye Icon
Win Win Win
Strategy
31/08/2016Win Win Win

As South Africa’s largest privately-owned insurance group, the Hollard Insurance Group includes the Hollard Insurance Company, Hollard Life Assurance Company and Hollard Investment Managers.

Read Full PostRead - Eye Icon
2015 CEO of the Year New Jersey Announced
Innovation
07/01/20162015 CEO of the Year New Jersey Announced

Robert Williams of TMarquise Entertainment, LLC has been awarded the 2015 CEO of the Year, New Jersey within the sector of Entertainment.



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