North East STEM Foundation

Tania Cooper MBE, Chair of the North East STEM Foundation and managing director at Steel Benders UK Ltd, said: "I welcome the Chancellor’s £50 million pilot investment in apprenticeship training for engineering. This commitment underscores the pivotal role engineering plays in the British economy.

"The funds must be used in a proactive way, which supports both businesses and young people by creating apprenticeship opportunities to impart the essential skills necessary for success in our rapidly evolving economic landscape.

"Additionally, the 21 per cent increase in the minimum hourly wage for apprentices, from £5.28 to £6.40, is a positive step towards attracting and retaining young talent in apprenticeships. This not only addresses the skills shortage but also ensures that Britain remains competitive on the global stage by fostering a workforce with the expertise and capabilities required for success in the 21st century."