Jeremy Lefroy
Main Page: Jeremy Lefroy (Conservative - Stafford)
Mr Willetts
We have specifically identified the space sector in the growth review, and we are committed to a major role for British business in that. Indeed, only last week we celebrated a £110 million satellite order.
Jeremy Lefroy (Stafford) (Con)
11. How many people in (a) Stafford constituency, (b) the west midlands and (c) England have started an apprenticeship in 2011.
The Secretary of State for Business, Innovation and Skills (Vince Cable)
In the first three quarters of this academic year, there have been 570 apprenticeships started in the Stafford constituency, 38,350 started in the west midlands, and 326,700 started in England.
Jeremy Lefroy
I thank the Secretary of State for his response, and I congratulate him, and the Minister for Further Education, Skills and Lifelong Learning, who is not in his place, on their achievements in delivering such strong growth in apprenticeships. Quality is also important. Will the Secretary of State share with the House the steps that his Department will take to monitor the quality of apprenticeships, and the career progression of apprentices once they complete them?
Vince Cable
The hon. Gentleman is absolutely right that quality is important as well as quantity, but it is important that the quality assurance is proportionate and does not result in excessive bureaucracy. The best evidence that apprenticeships give value for money is in the results. Typically, employers get payback in three years. An intermediate level of skill, level 2, results in, I think, £73,000 more over a lifetime. A level 3 qualification produces £105,000 added income over a lifetime, and the Government get £40 back for every £1 that they spend on apprenticeships.