Apprentices

Part of Treasury – in the House of Commons at on 22 June 2021.

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Photo of Rishi Sunak Rishi Sunak The Chancellor of the Exchequer

I am delighted to hear that my hon. Friend is working with Hopwood Hall College in his constituency to hire an apprentice. Hopefully, I will get an opportunity to meet them in the future. He is right about the ability of this scheme to support all types of employers. Small businesses in particular should know that the £3,000 equates to about a 35% wage subsidy for young apprentices and the Government pay 95% of all training costs, so there has never been a better time for employers to do as he says to help turbocharge our recovery and to hire an apprentice.