BUDGET REACTION: What opportunities will there be for young people going forwards?
There was a lot to digest from Rishi Sunak's Budget on Wednesday.
A key area where announcements were made was job opportunities with £126 million for more traineeships and to raise the incentive for employers to take on apprenticeships in the hope of improving the chances for 16-24 year-olds. Employers will now get £3,000 for taking on apprentices whatever their age.
Bus manufacturer Wrightbus is taking on 19 apprentices as it looks to build the workforce of the future. Wrightbus will recruit apprentices in various roles - including spray painting, welding, coachbuilding, driveline, engineering and electronics. Wrightbus sales and business development director, John McLeister, is a huge advocate of apprenticeships. He joined the firm 30 years ago as an apprentice before working his way up through the ranks.
Meanwhile, the Government also has launched a 16-19 Tuition Fund 2020/2021. Fleur Sexton’s company PET-x. are currently working with social justice charity Nacro to improve the life chances of 16-19 year olds who have struggled at school and face complex barriers to achieving qualifications. Her team is delivering highly interactive entry level maths and English that will provide young people with the skills they need to move into further education, training or employment.
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