What does that mean for training and apprenticeships?
“Businesses will be given £2,000 for each new apprentice they hire under the age of 25. This is in addition to the existing £1,000 payment the Government already provides for new 16-18-year-old apprentices and those aged under 25 with an Education, Health and Care Plan.
A £111 million investment to triple the scale of traineeships in 2020-21 ensuring more young people have access to high quality training.
£17 million of funding to triple the number of sector-based work academy placements in 2020-21
Nearly £900 million to double the number of work coaches to 27,000; Over a quarter of a million more young people to benefit from an extra £32 million investment in the National Careers Service.”
To view the full document and find out more about this exciting new budget from the government please visit the .gov website.