Oral Answers to Questions Debate

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Department: HM Treasury
Tuesday 20th October 2020

(3 years, 6 months ago)

Commons Chamber
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Kemi Badenoch Portrait Kemi Badenoch
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My hon. Friend is rightly championing the importance of education and has done a lot of work to raise these issues. Where a young woman has been identified as taken out of school, the local authority has a responsibility to locate and contact that young woman and work with her to find a suitable place in post-16 education. The Government also provide targeted support to help young people overcome financial barriers to participation through the 16-to-19 bursary fund.

Aaron Bell Portrait Aaron Bell (Newcastle-under-Lyme) (Con)
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What discussions he has had with the Secretary of State for Education on supporting young people into apprenticeships. [907763]

Kemi Badenoch Portrait The Exchequer Secretary to the Treasury (Kemi Badenoch)
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Apprenticeships are a job with training, and they benefit people of all ages and backgrounds, especially young people starting their career. The plan for jobs will help to kickstart the nation’s economic recovery. As part of the plan, we have introduced a payment of £2,000 for employers in England who hire new apprentices aged under 25 and £1,500 for employers who hire new apprentices aged over 25 before 31 January 2021. Newcastle College in my constituency is a fantastic further education provider, which has invested significantly in its facilities and staff for its trainees and the 850 different local employers it supports. It has been judged outstanding by Ofsted in all areas, including apprenticeship provision. However, it is concerned about the dramatic reduction in training vacancies, and its actual apprenticeship starts are down by two thirds year on year, so will the Minister join me in praising the work it has done so far and set out what incentives employers have not only to take on but also to keep on apprentices to the end of their training?

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Rishi Sunak Portrait Rishi Sunak
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The hon. Lady will know that this Government remain absolutely committed to our ambitious plans to double research and development funding over the course of the next few years. We have made enormous progress on that this year, with a huge and, I think, unprecedented increase in R&D funding that goes not only to basic science research, which she talked about, but ensures that we can develop that research into actionable ideas that benefit people and create jobs. She can rest assured that that remains an important aim of this Government, to ensure that this is the best place in the world in which to research.

Aaron Bell Portrait Aaron Bell (Newcastle-under-Lyme) (Con)
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The Energy Research Accelerator brings together nine midlands research-intensive organisations, including Keele University in my constituency of Newcastle-under-Lyme. With its initial Government funding, it secured 23 new research facilities, £120 million of industrial funding and £450 million of total value added in new investment in energy research and development. Will my hon. Friend praise the work that it has done and look favourably on its submissions seeking further funding to build on those successes to deliver on this Government’s commitments both to net zero and, of course, to levelling up? [907830]

Kemi Badenoch Portrait Kemi Badenoch
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The Government appreciate the work that the Energy Research Accelerator has been undertaking across the midlands on energy innovation. We have set out our ambition to invest up to £22 billion in R&D by 2024-25. The Chancellor also announced in the spring Budget that the Business, Energy and Industrial Strategy innovation programme will at least double to £1 billion-plus. R&D investment will continue to have a strong regional impact and benefit areas across the UK, including the midlands.