4.2 • 804 Ratings
🗓️ 12 November 2025
⏱️ 29 minutes
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The government wants more young people to be offered "gold standard apprenticeships". The plan was unveiled at the Labour party conference as the Prime Minister ditched the ambition for half of young people to go to university.
So we're looking at the financial side of apprenticeships, from how much they pay to what they can mean for a family's finances.
Felicity Hannah is joined by Ben Rowland, the author of Understanding Apprenticeships and also the chief executive of the Association of Employment and Learning Providers, a trade body for organisations that train apprentices. And also Rachel Kayes, community manager for the Association of Apprentices, an apprentice support body with around 50,000 members.
Presenter: Felicity Hannah Producers: James Graham Editor: Jess Quayle
(This episode was first broadcast at 3pm on Radio 4 on the 15th of October 2025).
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| 0:30.5 | Complex with me, Kimberly Wilson. |
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| 0:35.8 | Hello, today on the Moneybox Live podcast, we're looking at apprenticeships, paid employment |
| 0:41.0 | with training on the side. |
| 0:42.9 | The government wants more young people to be offered gold standard apprenticeships. |
| 0:47.1 | It was one of the buzzwords at the Labour Party conference as they ditched the ambition for |
| 0:51.1 | half of young people to go to uni. |
| 0:52.7 | We will scrap that target and replace it with a new ambition |
| 0:56.5 | that two-thirds of our children should go either to university |
| 1:00.0 | or take a gold standard apprenticeship. |
| 1:03.6 | Well, many parents and young people like the idea of not paying university fees, |
| 1:08.3 | but actually earning an income instead. |
| 1:10.9 | With an apprenticeship, you're learning and you're earning, |
| 1:13.7 | and it gives you the experience and the education as well. |
| 1:17.3 | So, in my opinion, it's the best option, really. |
| 1:21.3 | And James Reed, the boss of Reed recruitment, |
| 1:23.5 | told Radio 4's Today program on Monday that apprenticeships are one way |
... |
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