This week the Government has announced a cash boost for apprenticeships, with businesses able to claim £3000 for each new apprentice they take on as part of the Plan For Jobs, improving opportunities for young people to stay in and find work as we build back better.
The boost to the apprenticeship incentive scheme was confirmed by the Chancellor in the Budget in March, and will be available to claim from today (1 June). Businesses can apply to claim £3000 for each new apprentice hired as a new employee from 1 April until 30 September.
Firms that have taken on any apprentices since April 1 will be able to claim back the incentive from the Treasury.
You can read more about the scheme on the Government website here: https://www.gov.uk/government/news/cash-boost-for-apprenticeships-launched
I have recently published an article entitled A Fair Recovery for Young and Old?, drawing on my experience helping young people in Norwich.
You can read my article here: https://onenationconservatives.files.wordpress.com/2020/08/upwardlymobile.pdf