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Logistics to benefit from £1.5 billion apprenticeship fund

By: Joe Elvin
21 April 2011

Logistics companies are set to benefit from a £1.5 billion government-led apprenticeship fund. 

Many logistics companies will now be able to afford to provide CPC training for new recruits as a result of the cash - which is expected to fund 250,000 apprenticeships over the next four years.

The fund will be spread across many different sectors of employment, but bodies such as the Freight Transport Association and the Road Haulage Association have encouraged logistics companies to claim their fair share of the cash.

These companies should make best use of these apprenticeships by integrating them into their skills development programmes, it told Analytiqa.

Mick Jackson, chief executive of Skills for Logistics, claimed that apprenticeships were vitally important for employment in the logistics industry.

He told "Apprenticeships give a great way into a career in logistics. For the first time we can offer an apprentice experience across the logistics function - making them a much more rounded team member when they have completed it."

Under the new scheme, the government has pledged to provide 100 per cent of apprenticeship funding for 16 to 19-year-olds and half of the expenses for those aged between 19 and 24.

Apprenticeships can last up to three years in some industries and offer the opportunity to learn a trade whilst still being paid for the work that you do.

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