The Budget, delivered on 3 March, announced some new investments for the FE and skills sector:
- Extension of the apprenticeship employer incentive to September 2021 and an increase of payment to £3000 for recruiting a new apprentice of any age.
- £7 million for a new “flexi-job” apprenticeship programme in England, that will enable apprentices to work with a number of employers in one sector.
- £126 million for 40,000 more traineeships in England, for work placements and training for 16-24 year olds in 2021/22 academic year.
- A new Help to Grow scheme offering a UK wide management programme to upskill for SMEs.
Further details on these new measures can be read here.