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Britain's finance ministry pledges funding to triple number of UK traineeships

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Britain will offer its largest ever expansion of traineeships, its finance ministry said on Sunday, ahead of a highly-anticipated update due later ...

LONDON: Britain will offer its largest ever expansion of traineeships, its finance ministry said on Sunday , ahead of a highly-anticipated update due later in the week on the government's support for the economy through the coronavirus crisis.

With the economy beginning to reopen, Sunak will give an economic update on Wednesday where he is expected to outline further measures of support for workers and businesses. But with most of Johnson's headline spending previously announced, attention has turned to Sunak for more details on fresh plans to support the recovery.He will announce a £111 million investment to triple the number of traineeships, the finance ministry said, adding that businesses would get a £1,000 bonus for everyone they offer a work experience placement.

 

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