News

Prime Minister Pledges to Create 20,000 more Apprenticeships 

Published: 18th of March 2024

In the first economic speech since the Spring Budget, Rishi Sunak announced that he would create up to 20,000 more Apprenticeships by implementing reforms such as fully funded training for young people and removing the current red tape for small businesses. 

He went into more detail about the reform, revealing £60 million in new investments and slashing regulatory burden through Brexit freedoms, which is expected to save around £150 million per year for thousands of small businesses across the UK. 

The Government has committed to fully fund Apprenticeships in small businesses from the 1st April 2024 for anyone up to the age of 21. This funding is expected to remove the need for small employers to meet some of the training costs and fill the skills shortages in specific areas. 

From the start of April 2024, the Government will also increase the amount of funding that employers who are paying the Apprenticeship levy can pass onto other businesses, which could mean even more support for small businesses. 

If you’re an employer who has roles to fill, skill shortages to address or just want to future-proof your talent pool, contact us today to discuss the benefits of having an Apprentice and how you can access the levy funding by clicking here. 

Information sourced from: 

https://www.gov.uk/government/news/prime-minister-to-announce-major-reform-package-to-boost-apprenticeships-and-cut-red-tape-for-thousands-of-small-businesses  

https://www.bbc.co.uk/news/uk-68592905 

News

  • Five Reasons Why an Apprenticeship is the Perfect Way to Kickstart Your Career in Construction cover image
    Punlished: 8th of October 2024

    Ever thought about a career in construction but not sure where to start? Well, we’ve got five reasons why an Apprenticeship could be the best way to get into the industry.
  • Future-Proofing Your Business Against an Ageing Workforce with Apprenticeships cover image
    Punlished: 3rd of October 2024

    In this article, we’ll explore how Apprenticeships can help businesses of all sizes navigate the demographic shift, by upskilling employees of all ages and creating a dynamic, multigenerational workforce ready to meet the demands of the future.
  • Get ready to kickstart your career with an Apprenticeship  cover image
    Punlished: 3rd of October 2024

    Ready to get out of the classroom and train for your dream job in a real workplace? Keep reading to find out exactly what an Apprenticeship is and the key info you need to apply and get one step closer to your career ambitions.