Liberal Democrats have worked hard to dramatically increase the number of new apprenticeships. Since May 2010, there have been over 1.6 million apprenticeship starts in England and 2,320 starts in Bermondsey and Old Southwark. In 2012/13 alone there were more than half a million starts, more than double the number of starts under Labour.
Apprenticeships are not only great for young people, but they also help our economy. The National Audit Office, which looks at the impact of Government policies, estimates that for every £1 spent on apprenticeships the economy benefits by £18
Commenting on National Apprenticeship Week, Simon Hughes, Member of Parliament for Bermondsey and Old Southwark, said:
“I was delighted to meet with local apprentices and employers at a recent event held by Hawk Training in London Bridge. Since 2010, Liberal Democrats in government, working hard with local employers and colleges, have helped to create 2,320 new apprenticeship starts in Bermondsey and Old Southwark.
This is great news for the local economy and great news for people of all ages who want to undertake training that leads to a job.
Apprenticeships are a fundamental part of our economic plan – they are rocket-boosters to the economic recovery and social mobility.”