© Copyright Acquisition International 2025 - 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 Blueprint for Selling Real Estate in Chicago IL: Acquisition International’s Expert Insights
News
27/03/2024The Blueprint for Selling Real Estate in Chicago IL: Acquisition International’s Expert Insights

Chicago drips with real estate potential. Skyrocketing home values, thriving neighborhoods, a vibrant culture – ripe opportunities abound for savvy investors. Yet seizing this wealth potential requires insider expertise in the complex workings of the mar

Read Full PostRead - Eye Icon
Email’s ROI increases, despite concerns about testing and GDPR
Finance
08/02/2018Email’s ROI increases, despite concerns about testing and GDPR

Email’s ROI increases, despite concerns about testing and GDPR

Read Full PostRead - Eye Icon
How Can Insurance Protect Businesses During Daily Operations?
News
12/01/2023How Can Insurance Protect Businesses During Daily Operations?

What type of business do you run? Is it small or large? Are you self-employed? Whatever your business looks like, it’s worth thinking about the type of cover you’ll need in order to protect you, your employees and your company from any unexpected costs tha

Read Full PostRead - Eye Icon
Early Development Programmes Vital For Data Centre Skills Shortage
Innovation
22/05/2024Early Development Programmes Vital For Data Centre Skills Shortage

In the current digital landscape, the demand for professionals is rapidly increasing while the skills gap is also widening.

Read Full PostRead - Eye Icon
A Legal Support in Starting or Expanding Your Innovative Business in Italy
Innovation
06/09/2022A Legal Support in Starting or Expanding Your Innovative Business in Italy

For a few years now, Italy has introduced several measures aimed at incentivizing foreign investment in Italy, encouraging the growth of innovative startups. Since 2017, those who intend to invest in the venture capital of innovative startups can benefit from

Read Full PostRead - Eye Icon
7 Steps of Strategic Procurement Process
News
11/04/20227 Steps of Strategic Procurement Process

Many firms find maintaining the product and service quality while reducing costs a never-ending struggle. Fortunately, they can accomplish this through strategic sourcing, which is the process of continuously examining a company's purchasing practices.

Read Full PostRead - Eye Icon
From Fear to Preparedness: Mastering Risk and Process Management
News
06/02/2024From Fear to Preparedness: Mastering Risk and Process Management

In recent years, there has been a significant increase in the demand for combined risk management and process tools.

Read Full PostRead - Eye Icon
Kong Announces Launch of New Premium Technology Partner Programme to Enhance Developer Ecosystem
Innovation
17/09/2024Kong Announces Launch of New Premium Technology Partner Programme to Enhance Developer Ecosystem

Kong In, the leading developer of cloud API technologies, unveiled during the company’s annual API Summit, its new Premium Technology Partner Programme.

Read Full PostRead - Eye Icon
Moving to Turkey. Things You Should to Pay Attention To
News
09/05/2023Moving to Turkey. Things You Should to Pay Attention To

Moving to another country can be quite a complicated and challenging process, so it is necessary to prepare well and take into account many factors. 



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