23/8/10 – Revival of Apprenticeships as the UK puts emphasis on industry-oriented training
23 August 2010
As university over-subscription and funding cuts hits degree courses, the UK Government has announced that £200 million of its Train to Gain budget will be redirected to fund the delivery of 50,000 Apprenticeship places and establish a fund for college building programmes. This year more than 100,000 youngsters will miss out on a university place and the 18-25 year old age group is amongst the largest group of the unemployed in the UK so the revitalisation of apprenticeship schemes is welcomed.
However the sheer scale of youth unemployment in difficult market conditions makes it uncertain whether the UK government’s announcement will make much inroads into the problem. Earlier in August, Telecoms group BT said it received more than 24,000 applications for its 221 apprenticeships and is now considering extending its scheme.
The UK Skills Funding Agency will continue to administer the funds and the remaining Train to Gain budget. The agency says that Train to Gain and Apprenticeships will continue to provide individuals and businesses with the opportunities necessary to enhance job prospects and assist industry to compete in tough economic conditions.