PENNY Mordaunt has applauded news that 720 more people in Portsmouth started an apprenticeship last year.
The MP for Portsmouth North is now urging people of all ages to consider becoming an apprentice and highlighted opportunities for businesses from this week.
This includes bidding for a share of £6m to support the development of apprenticeships in sectors like aerospace, energy and renewable technologies.Small and medium-sized businesses who hire a 16 to 24-year-old apprentice are eligible for a £1,500 bonus.
Miss Mordaunt said: ‘Apprenticeships allow people to earn and learn at the same time, while significantly increasing their potential future earnings.
‘But the benefits go wider than that – every £1 spent on an apprenticeship returns an estimated benefit of £18 to the economy.
‘That’s why it is such great news that 720 more people in Portsmouth started an apprenticeships last year thanks to the Coalition’s extra investment.
‘I’d urge people of all ages to consider becoming an apprentice.’