© 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
Guide to Monaco Residence by Investment
News
04/10/2022Guide to Monaco Residence by Investment

A Monaco residence by investment is one of the safest and most secure investments property investors can make. Find out more about becoming a Monaco resident.

Read Full PostRead - Eye Icon
2016 Most Innovative Law Firm in Austria
Legal
04/04/20162016 Most Innovative Law Firm in Austria

BREITENEDER Rechtsanwälte. Attorneys at Law is one of the leading Austrian and internationally recognized law firms specialized in investor protection, securities litigation and capital market law (investors only).

Read Full PostRead - Eye Icon
How to Sell a Business in New York: Tips, Advice and Best Brokerage Firms
M&A
25/09/2025How to Sell a Business in New York: Tips, Advice and Best Brokerage Firms

Selling a business in competitive and highly regulated markets like New York is a big decision that requires a clear strategy and professional guidance. From preparing your company to closing a deal, you need the right team and careful planning to secure the b

Read Full PostRead - Eye Icon
Plant-Powered Biotech Beauty
Innovation
21/02/2022Plant-Powered Biotech Beauty

Codex Beauty Labs is a biotech company grounded in science, dedicated to supporting microbiome. Its pioneering cruelty-free products are clinically-proven to provide meaningful benefits.

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
Guide on How to Write a Dissertation Proposal in Finance and Accounting
News
18/08/2021Guide on How to Write a Dissertation Proposal in Finance and Accounting

A dissertation proposal gives your supervisor and the department an idea of the subject you wish to discuss. It also helps you to narrow down the discussion to a few ideas, especially demonstrating an understanding of the subject you wish to discuss. Professio

Read Full PostRead - Eye Icon
Rocket Lawyer Boasts $223m Investment in an Innovating Legal Industry
Innovation
22/04/2022Rocket Lawyer Boasts $223m Investment in an Innovating Legal Industry

Like with many industries, customers look to the web in search of ways to spend their money as opposed to the high street. Legal services, it seems, are following the same path. Last year, Rocket Lawyer announced a $223 million investment that was led by Vista

Read Full PostRead - Eye Icon
How Your Business Can Gain A Competitive Advantage In Your Industry
News
18/08/2021How Your Business Can Gain A Competitive Advantage In Your Industry

Businesses of all shapes and sizes will all benefit from gaining a competitive advantage within their industry. Here’s how your business can start building for further success.

Read Full PostRead - Eye Icon
How to Make Sure AI Works for Your Business
Innovation
16/05/2023How to Make Sure AI Works for Your Business

According to 2022 statistics from the government, there are 5.5 million SMEs in the UK making up 99% of the total business population. They are the backbone of a healthy economy and generate growth and employment opportunities.



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