Financial News
Apprenticeships: Cameron's Pledge On Training
David Cameron has pledged to make it the "new norm" for school leavers to take an apprenticeship or go to university.
The Prime Minister wants the country to follow Germany's lead, where work-based training sits alongside higher education as the automatic options considered by teenagers when they finish their exams.
During a visit to a training academy in Buckinghamshire to mark the start of National Apprenticeship Week, Mr Cameron called on employers, schools and colleges, and his own ministers, to expand apprenticeship opportunities for young people.
The Government will formally respond to the Richard Review, which has looked at ways to improve the quality of apprenticeships, later this week.
Mr Cameron said: "Apprenticeships are at the heart of our mission to rebuild the economy, giving young people the chance to learn a trade, to build their careers, and create a truly world-class, high-skilled workforce that can compete and thrive in the fierce global race we are in.
"There are record numbers of people taking up an apprenticeship, with a million starting one in the last few years. And as we take forward the Richard Review, our drive to reform and strengthen apprenticeships, raising standards and making them more rigorous and responsive to the needs of employers, means that an apprenticeship is increasingly seen as a first choice career move.
"But we need to challenge ourselves to go even further. That is why I want it to be the new norm for young people to either go to university or into an apprenticeship. We need to look at how we can expand apprenticeship opportunities so that they are available to all young people who are ready and eager to take them up, and aspire to get ahead in life."
Barclays has launched a new nationwide scheme to support 10,000 young people into work. The Barclays Bridges Into Work programme will see local Barclays teams matching up suitable apprentices and businesses in their area.
In addition, it is doubling the number of apprentices that it is recruiting into its own workforce to 2,000 - specifically helping young people in long-term unemployment with little or no qualifications into permanent and fully paid jobs.
British Airways has said it will recruit up to 200 apprentices across a variety of different departments this year, covering engineering, operations, IT, finance and project management courses.
Meanwhile, a new study has revealed fewer than one in five parents believe apprenticeships have the same status as university education.
The survey of 400 working parents by the Chartered Institute of Personnel and Development also showed that almost half thought apprenticeships were more appropriate for manual or blue-collar jobs.
A report by the Centre for Economics and Business Research showed that apprenticeships are forecast to contribute £3.4bn a year to the economy through productivity gains by 2022.
The number of people completing apprenticeships is predicted to increase from 260,000 in the current financial year, to 480,000 by 2022, said the report.
Shadow Business Secretary Chuka Umunna said: "We are proud to be celebrating National Apprenticeships Week, launched by Labour in government and now in its sixth year.
"However, the recent fall in the number of apprenticeships for under 19s is greatly concerning, as well as recent evidence showing that one in five apprentices say they are not receiving training and that many are not being paid.
Ministers need to get a grip and back Labour's plans for more, better quality apprenticeships."
what do you think?

Brian Holmes
First of all you destroy a system that worked perfectly for donkey's years. Then you try to put it back together again. Idiots.

bjnk
Spot on Brian was going to post simular,as to them putting it back together,hot air from him again.

Jim Ford
I guess he can't mean 5 year apprenticeships such as I served in the engineering industry, because we haven't got an engineering industry any more. So I suppose he means 12 month ones in flower arranging, hairdressing and silver service waitering - y'know real economy boosters!

bjnk
Yes Jim correct very little engineering industry left, the other things are probably usefull to him and his friends when they press the servants bell.

IRONSTINE
ITS THE USE OF THE WORD PLEDGE Mr Cameron and co,it appears that it means something entirely different to them

Michael Hawkins
my mum used pledge to polish the furniture

Peter Edwardson
The idea of apprenticeships is good. I learned far more life skills of value from my apprenticeship than I ever did in University. Unfortunately the execution of the idea is a problem since we don't have enough well managed companies to provide a half decent apprenticeship and most of the money allocated will be wasted on bureaucracy

stewgwyn
''Pledge'' ? Cameron thinks it's for polishing furniture.

Michael Hawkins
stewgwyn Not a chance, he would not know what it looked like, the rif raf down stair do that

B. Wise
Apprenticeships for what? Most of the trades have disappeared. What annoys me is all the red tape which stifles industry here in the UK but yet we buy from countries which break all the rules. Even, the two faced green brigade buy goods from countries which pollute the world.








shaun spencer
7:53am on 11/3/2013
I havent agreed with any of camerons policys for a very long while but this one i can agree on.
shaun spencer
5:00pm on 11/3/2013
Well yes its back to old times but back we need to go wlu.okay theres not the jobs but at least kids can learn a trade which is always worthwhile.who knows many might set up in business themselves.having a trade is i think invaluable in anyones future.i know ive always been very thankful of learning my trade as ive always had something to fall back on.
Michael Hawkins
6:34pm on 11/3/2013
The trades have been unpopular for a number of years, student being miss sold University degrees with little prospect of a real job at he end of the course. Unemployment amongst skilled workers is lower than unskilled. I hope this offers genuine training that will give those taking part a skill that will serve them for the rest of their working career. We have for too long selling a lie to the youth of this country offering worthless courses with no real job prospect at the end Education for educations sake to keep youth off the employment figures down, does no one any favours
bjnk
12:40am on 12/3/2013
Michael, one of your better posts,some good points.
Michael Hawkins
7:51pm on 12/3/2013
bjnk apoligies I will now return to type