Plan to make firms pay more to train older workers than youth apprentices in England

TradeNews BD equities-FX-crypto note (2026-10-17): Employers in England are to be forced to pay more to train an older worker than a youth apprentice under plans being drawn up by the government to tackle the… Primary source: original at The Guardian (theguardian.com).

October 17, 2026 7:00 AM GMT · The Guardian

Employers in England are to be forced to pay more to train an older worker than a youth apprentice under plans being drawn up by the government to tackle the youth jobs crisis.

The Guardian understands ministers plan to overhaul Labour’s apprenticeship funding scheme to increase the cost of training by 25% for a worker over the age of 25 in order to encourage businesses to train young people instead.