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Plans for Jobs: increased financial support

22 October 2020

The UK Government announced today, 22 October, further funding added to the new Job Support Scheme for businesses facing more hardship through the tiered systems introduced last week. Read More...

UK housing market remains undeterred

21 October 2020

Despite COVID-19 limitations, agents have been largely permitted to open in areas where local lockdown restrictions have been enforced, and house moves have still progressed. It seems yet again, the pandemic hasn’t been a deterrent for buyers and renters determined to make a change. Read More...

Apprenticeships soften pandemic blow to employment for young people

Wednesday 08 July 2020

As part of today’s announcement by Chancellor Rishi Sunak, apprenticeships are to receive a huge boost from the UK Government's measures to grow jobs and strengthen the economy.

The package to support, protect and create jobs highlighted that more than 7,000 people will leave education this year, and with many more in early careers, the Summer Statement addressed the need to encourage employers to hire apprentices.

Payments for employers who hire new apprentices

A new payment of £2,000 to employers in England for each new apprentice hired aged under 25, and a £1,500 payment for each new apprentice hired aged 25 and over will be paid from 1 August 2020 to 31 January 2021.

These payments will be in addition to the existing £1,000 payment the UK Government already provides for new 16-18-year-old apprentices and those aged under 25 with an Education, Health and Care Plan – where applicable.

Additionally, a six-month UK Government ‘kickstart’ programme will see employers receive Government funds to take on a young person for 25 hours a week. The scheme will cover the cost of a 25-hour workweek at the National Minimum Wage, in which employers can top up wages if they wish to.

Plan for Jobs