Autumn Statement outlines funding plans for apprenticeships

The Autumn Statement is out, but what does this mean for employment and growth? The key points are as follows:

  • Job seekers aged 18-21 without basic maths or English to be required to undertake training in these skills or lose benefits.
  • Job centres will be given funding to support 16 and 17 year olds in finding apprenticeship or traineeship.
  • HMRC will fund employers directly for apprenticeships with an extra 20,000 higher apprenticeships over next two years.
  • An additional 30,000 student places will be offered next year, with the cap on student numbers abolished in 2015.