© 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
How To Safeguard Your Organisation from DEI Fatigue
Leadership
09/10/2024How To Safeguard Your Organisation from DEI Fatigue

In recent years it has become expected that companies will reflect the diversity of the world we live in.

Read Full PostRead - Eye Icon
ICAP Acquires ENSO Financial Analytics
M&A
14/04/2016ICAP Acquires ENSO Financial Analytics

ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces today that it has acquired ENSO Financial Analytics (ENSO).

Read Full PostRead - Eye Icon
Can Toshiba Survive Yet Another Blow? Maybe PwC Holds the Key
Finance
09/05/2017Can Toshiba Survive Yet Another Blow? Maybe PwC Holds the Key

Just as industry giant Toshiba battles to overcome one financial woe, another strikes them where it hurts, and that would be their bottom line.

Read Full PostRead - Eye Icon
HighTower Acquires $500 Million RIA in Beverly Hills
Finance
07/07/2016HighTower Acquires $500 Million RIA in Beverly Hills

HighTower announces that Acacia Wealth Advisors, a boutique multi-family office in Los Angeles overseeing more than $500 million in assets, has joined the firm.

Read Full PostRead - Eye Icon
Moving Class Outside: Adjusting Academics
News
13/08/2021Moving Class Outside: Adjusting Academics

When you think of the typical classroom, you’re probably picturing brick walls, rows of desks, a chalkboard and a few decorations that match the subject being taught. Over this past year, though, the traditional classroom has been flipped. The pandemic sent

Read Full PostRead - Eye Icon
To Infiniti and Beyond?
Finance
27/08/2015To Infiniti and Beyond?

Infiniti has announced that an engineering student from the University of Illinois is one of five global winners of the 2015 Infiniti Performance Engineering Academy (IPEA). For one year, Infiniti will provide 22-year-old Alex Allmandinger with the opportunity

Read Full PostRead - Eye Icon
How the Not-For-Profit Sector Can Embrace a Digital-First Mindset
Corporate Social Responsibility
27/06/2024How the Not-For-Profit Sector Can Embrace a Digital-First Mindset

As the not-for-profit sector stands at a pivotal juncture, the necessity of adopting a digital-first mindset cannot be overstated.

Read Full PostRead - Eye Icon
5G Endless Opportunities and Possibilities
Innovation
31/08/20235G Endless Opportunities and Possibilities

There has been a lot of noise recently about AI but the real game changing technology that will revolutionise services and industries is 5G standalone that will deliver faster speeds, lower latency, and increase reliability ensuring we are always connected.

Read Full PostRead - Eye Icon
Is There a Boxing Day Effect for Cryptocurrency?
Finance
16/01/2026Is There a Boxing Day Effect for Cryptocurrency?

Financial markets often reveal seasonal trends around the holidays, and Boxing Day (the day after Christmas) is no exception. In traditional markets, this time of year can bring noticeable shifts in investor activity, with some traders referring to a “Boxing



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