Tuesday, February 8, 2011

Government to create extra 100,000 apprenticeships

Businesses believe apprentices offer greater value than hiring university graduates. Photograph: Alamy

Vince Cable, the business secretary, today announced plans to create an extra 100,000 apprenticeships. The initiative comes as a new report suggests that four out of five companies say they have experienced barriers to hiring apprentices, even though 89% view vocational training schemes as being key to their business success over the next two years.

Cable outlined the government's intention to increase the funding of vocational training by an extra

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