Partner Article
Apprentice boost welcomed
THE Government’s decision to allocate £200m of new funding to support apprenticeships despite swingeing cuts in other areas has been welcomed by the North East Apprenticeship Company (NEAC).
NEAC, which is tasked with increasing the number of young people taking up apprenticeships across the region, says the move is good news at a time of economic uncertainty and sends a clear signal of support for apprenticeships by the new coalition government.
The exact details of the £200m funding package, and how much of it will be heading to the North East region, are still unknown but Paul Champion, managing director of NEAC says that the Government clearly wants to protect 16 - 19 year old education including apprenticeships.
“Despite tough times, the Government sees that apprenticeships are a vital part of the economy, meeting the training needs of employers and helping them to up skill for the future as we emerge from recession.
“The additional investment has got to be seen as a positive move and should help to safeguard apprenticeships for the immediate future.
“However, we will be pressing for more details, particularly greater clarification about how much money will be heading towards the North East.”
The NEAC has a regional brief to reduce youth unemployment, tackling the skills gap and creating more than 1,000 new apprentice jobs in the next two years, particularly among small and medium enterprises (SMEs).
This was posted in Bdaily's Members' News section by Ruth Mitchell .
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
Talent is an asset, not an operational resource
Taking advantage of the opportunities ahead
Accountability isn’t the enemy of empathy
Act now to avoid a last-minute tax scramble
How inner-city living can transform a city by the sea
Artificial intelligence's value is the time it gives back
Why we must break the magnetic pull of London
AI scepticism is healthy - inaction isn't
What does NPPF mean for planning gain and pricing?
What new NPPF rules mean for landowners
The hidden cost squeezing Britain's economy
Teesside deserves more than cashback devolution