© 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
The New Face of Business
News
06/10/2022The New Face of Business

Since 2020, the commercial world has changed so much that it's almost impossible for many to remember what business was like in the previous century.

Read Full PostRead - Eye Icon
Payday Loans vs. Personal Loans: Seven Differences
Finance
16/11/2021Payday Loans vs. Personal Loans: Seven Differences

Payday loans or personal loans could be your place of refuge when you get into an emergency need. They are an excellent way since the application and disbursal don't take long.

Read Full PostRead - Eye Icon
Providing Excellent Compliance Solutions
Innovation
18/12/2017Providing Excellent Compliance Solutions

FMConsult is a specialist compliance, collective investment schemes, operational risk and investment risk management consultancy that services a whole host of financial services firms; primarily in the wealth management and asset management arena.

Read Full PostRead - Eye Icon
Do You Need a Corporate Investigation? 5 Warning Signs and 5 Best Firms to Call
Legal
20/11/2025Do You Need a Corporate Investigation? 5 Warning Signs and 5 Best Firms to Call

Corporate investigations are serious matters that can hurt companies through legal action, financial fallout and reputational damage. If an issue goes unaddressed, authorities can take significant action. There are several warning signs and firms to help busin

Read Full PostRead - Eye Icon
Inspiring Inclusion and Investing in Women will Level the Playing Field
Corporate Social Responsibility
26/03/2024Inspiring Inclusion and Investing in Women will Level the Playing Field

While the number of women in the workforce holding senior positions and running their own businesses has increased in recent years, there is still a lot of work that needs to be done to level the playing field.

Read Full PostRead - Eye Icon
Tech Leads But Stunning Rise In Interest For Sustainable Businesses, Finds Angel Investment Network Report
Innovation
24/02/2020Tech Leads But Stunning Rise In Interest For Sustainable Businesses, Finds Angel Investment Network Report

Searches for ‘Renewables’ have rocketed by 34 places to be the 14th most searched for term. Meanwhile ‘greentech’, unheard of even a couple of years ago, is now the 19th most popular keyword, up from 47th last year.

Read Full PostRead - Eye Icon
Trowers & Hamlin Advise on Cygnet Healthcare Acquisition of Alpha Hospitals
Legal
27/08/2015Trowers & Hamlin Advise on Cygnet Healthcare Acquisition of Alpha Hospitals

Trowers & Hamlin Advise on Cygnet Healthcare Acquisition of Alpha Hospitals

Read Full PostRead - Eye Icon
Privée At The Pinnacle
Innovation
Read Full PostRead - Eye Icon
5 Tips For Relocating Your Business To Georgia
Strategy
04/02/20215 Tips For Relocating Your Business To Georgia

Whether it’s because of the GRAD program, the 6 percent corporate tax rate, or one of the many grants and loans available for business relocation, many businesses decide to move to Georgia. Georgia is home to Google, NCR, UPS, General Mills, Boeing, and Home



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