The plea to businesses came as ministers reiterated the Government’s plans to increase the funding for apprenticeships to more than £1.4 billion in 2011-12, to mark the start of Apprenticeship Week. Funding for apprenticeships in 2010-11 was just over £1.1 billion.
Cable said: ‘I want to reinforce the message to business and young people that apprenticeships are a first-class way to start a career. That is why my department has pledged to work to create some 75,000 additional adult places than those promised by the previous government.
‘Some of the most prestigious companies in England – large and small, public and private – employ apprentices and benefit from doing so. More than 30 per cent of Rolls-Royce apprentices have progressed to senior management roles within the company. And 80 per cent of those who employ apprentices agree that they make the workplace more productive. I’m calling on more businesses to follow this lead.&