Lloyds extends National Apprenticeship Programme to 1,000
Building on the early success of its 2012 National Apprenticeship pilot programme, Lloyds Banking Group has announced its intention to expand the programme to a 1,000 apprentices for 2013.
Since October 2012, the Group has seen over four hundred apprenticeships undertaken. For the first time, it is also announcing its intention to introduce Higher Apprenticeships.
The nationwide Apprenticeship Programme, says the company, helps the Group build a skilled and motivated workforce by providing nationally recognised qualifications for both existing colleagues and new joiners, as well as demonstrating its continued commitment to invest in the long-term economic future of the UK and the communities in which it operates.
According to the National Audit Office, every £1 of public investment in apprenticeships delivers a return of £18 to the wider economy.
Kate Guthrie, HR Director, Capability & Engagement for Lloyds Banking Group, said: "We are incredibly excited to be in a position to further invest in the Apprenticeship Programme. Building people's skills and aspirations can make a real impact in tackling youth employment by providing many young people with their vital first real career opportunity.
"As one of the biggest employers in the UK our goal is to create a new generation of skilled workers to help Britain prosper.”