The government has announced a £725 million package to fund 50,000 new apprenticeships over the next three years in a major push to tackle youth unemployment.
The funding, allocated in the recent Budget, will support apprenticeships in sectors such as artificial intelligence (AI), engineering, and hospitality. A key feature will see full government funding for apprentices under 25 at small and medium-sized businesses, removing the current 5% employer contribution.
The initiative aims to reverse a nearly 40% decline in apprenticeship starts among young people over the past decade. Additional measures include a £140 million pilot program to help local mayors connect young jobseekers with employers, though specific implementation details remain unclear.
From Spring next year, a new program of short courses in AI, engineering, and digital skills will also be launched in collaboration with the defence sector. The government says the broader package is designed to equip young people with in-demand skills and create clearer pathways into sustainable employment.
By James Kisoo
