By Maximilian Clarke

Businesses will be given the power to design, develop and purchase the vocational training programme they need under a £250 million plan announced by the Prime Minister.

The move is designed to boost economic growth and ensure that the UK workforce has the skills that businesses require.

In the New Year employers will be invited to bid for a share of the new £250 million government fund. It will route public investment directly to employers — enabling them to invest in the training they actually need.

“I know times are tough - especially for young people - who are trying to get their foot in the door and launch their career,” said Prime Minister David Cameron. “That is why I am determined to do all that we can to give people the very best skills, training and opportunities to succeed; and why despite tough spending decisions we are investing in record number of apprenticeships.”

“We are seeing an incredible take up of these apprenticeship places. I want that to continue, which is why we are taking action to make it easier to take on apprentices, and now we are giving employers the power to take control of the training so that it best meets the skills they need.

“I hope this radical new approach will encourage even more employers to take on apprentices and ensure that the UK workforce has the skills we need to boost growth.”

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