Retail boost as government unveils £725m apprenticeship overhaul
The Government has unveiled a £725m overhaul of the apprenticeship system, promising 50,000 more placements over the next three years.
The move, which was revealed today (8 December), aims to see retail, hospitality and other service sectors benefit from new foundation apprenticeships aimed at tackling youth unemployment and widening access to training.
The reforms include fully funded apprenticeship training costs for eligible under-25s at SMEs, removing the 5% co-investment contribution