News
UK Government Announces Major Apprenticeship Reforms to Boost Workforce
The UK government has unveiled sweeping apprenticeship reforms aimed at creating up to 10,000 additional apprenticeship opportunities per year, cutting bureaucracy, and granting employers greater control over training requirements.
The new measures, announced during National Apprenticeship Week, are designed to accelerate economic growth by making apprenticeships more flexible and accessible, particularly in high-demand industries such as construction, healthcare, and social care.
Key Changes to Apprenticeship Rules
One of the most significant reforms is the reduction of the minimum apprenticeship duration from 12 months to just 8 months, allowing skilled workers to enter key industries more quickly. Additionally, businesses will now have more freedom to determine whether adult apprentices (aged 19+) need to obtain a Level 2 English and maths qualification (GCSE equivalent) to complete their training.
Employers will also have a greater say in tailoring training programmes to meet specific job requirements, rather than being bound by rigid qualification rules.
Three “trailblazer” apprenticeships in green energy, healthcare, and film/TV production will pilot the new shorter training format, ensuring businesses can quickly access the talent they need.
Government and Industry Reaction
Secretary of State for Education, Bridget Phillipson, said the reforms reflect the government’s commitment to listening to business needs:
“Businesses have been calling out for change to the apprenticeship system, and these reforms show that we are listening. Our new offer of shorter apprenticeships and less red tape strikes the right balance between speed and quality, helping achieve our number one mission to grow the economy.”
The business community has broadly welcomed the reforms, praising them as a step toward a more responsive apprenticeship system.
Sheila Flavell CBE, COO of FDM Group, highlighted the importance of apprenticeships in addressing skills shortages:
“The government’s investment in apprenticeships is vital to creating a high-skilled and productive UK workforce, plugging the growing skills gap. With the rapid adoption of AI across industry, apprenticeships enable businesses to build a workforce tailored to their specific data and analytics needs.”
She also emphasised the role of apprenticeships in supporting diversity, stating that tapping into underrepresented talent pools will help businesses tackle specific workforce challenges.
New Leadership to Oversee Apprenticeship Strategy
As part of the government’s broader skills development strategy, it has appointed Phil Smith CBE, former CEO of Cisco, as Chair of Skills England, with Sir David Bell as Vice Chair. The leadership team also includes Tessa Griffiths and Sarah Maclean as Co-CEOs, alongside Gemma Marsh as Deputy CEO.
The new leadership team will be responsible for ensuring that the apprenticeship system meets the needs of UK businesses while also supporting the government’s goal of building 1.5 million homes by the end of this parliamentary term.
With the UK economy facing ongoing skills shortages, these landmark apprenticeship reforms aim to create a faster, more flexible, and employer-driven system, ensuring businesses can access the talent they need to thrive.
News
Amazon MGM Takes Creative Reins of James Bond Franchise Amid Casting Buzz
In a landmark shift for the James Bond franchise, Amazon MGM has partnered with long-time producers Michael G. Wilson and Barbara Broccoli to oversee the future of 007. While all three entities retain co-ownership of the Bond intellectual property, Amazon MGM will now lead creative decisions, marking a significant departure from its previously limited role.
The move follows Amazon’s $8.5 billion acquisition of MGM in 2021, which granted it partial ownership but little say in the franchise’s artistic direction. With Daniel Craig’s departure after 2021’s No Time to Die, speculation about the next James Bond has intensified. Jeff Bezos, Amazon’s founder and executive chairman, fueled the debate by asking his followers on social media platform X, “Who’d you pick as the next Bond?” The overwhelming response highlighted British actor Henry Cavill as a fan favorite. Known for roles in Superman, The Witcher, and Mission: Impossible – Fallout, Cavill previously auditioned for the role in 2006’s Casino Royale but lost to Daniel Craig. Director Martin Campbell praised Cavill’s audition but deemed him too young at the time. Now in his early forties, Cavill’s age could be a factor if long-term commitments are considered.
Daniel Craig acknowledged Wilson and Broccoli’s contributions, telling Variety, “My respect, admiration, and love for Barbara and Michael remain constant and undiminished.” With Wilson stepping back and Broccoli expected to reduce her involvement, Amazon MGM gains greater creative control, raising questions about the franchise’s future direction.
Fan speculation continues to swirl around Cavill, alongside other contenders like Taron Egerton, Tom Hardy, and Idris Elba. While Amazon MGM has yet to announce a timeline or reveal casting decisions, industry watchers anticipate a new era that may extend beyond traditional films, potentially including spin-offs, series, and streaming exclusives. As the studio reshapes Bond’s future, audiences worldwide eagerly await the next chapter in the iconic spy saga.
News
Global Hiring Slump Marks Longest Downturn in Decades, Says Hays CEO
The global job market is experiencing its longest downturn in over 20 years, according to Dirk Hahn, CEO of Hays, Britain’s largest listed recruitment firm. Hahn attributes the slump to ongoing macroeconomic uncertainty, which is deterring both employers and job seekers from making moves.
Hays, which employs nearly 7,000 consultants worldwide, reported weaker demand for temporary workers in early 2025, while demand for permanent roles—particularly in Europe—remains sluggish following a pre-Christmas dip. Countries such as France, the UK, Ireland, and Germany, Hays’s largest market, are feeling the pressure most acutely.
In the six months leading up to December, Hays reported a 15% drop in group net fees, falling to £496 million from £583.3 million the previous year. Pre-tax profits fell sharply by 67% to £9.1 million, compared to £27.6 million during the same period the prior year. Hays’s share price, already down 25% over the past year, dipped a further 1.8% on Thursday, closing at 71¾p and placing the company’s market value just below £1.2 billion. Despite declining profits, the company will maintain its interim dividend at 0.95p per share.
While the broader UK labor market has shown resilience with limited mass layoffs, businesses remain cautious about expanding their workforce. “Most companies have enough work to retain their current staff, but they’re not looking to increase headcount,” said James Hilton, Hays’s chief financial officer. “Many employees who received pay increases in recent years are not seeking new roles, creating a stalemate. However, over time, people will seek promotions or fresh challenges.”
Recruiters had anticipated a market recovery earlier this year, but Hahn now warns that the rebound may not materialize until 2026. In the meantime, Hays is focusing on its technology recruitment division—its most profitable segment—as it navigates the prolonged global hiring slowdown.
News
UK Government Reports Lower-Than-Expected Budget Surplus in January
The UK government reported a budget surplus of £15.4 billion in January, falling short of economists’ forecasts of £21 billion and the £19 billion predicted by the Office for Budget Responsibility (OBR). Despite January typically seeing a boost from self-assessment tax payments, the lower-than-expected figure has increased total borrowing for the financial year to £118.2 billion—over £11 billion more than the previous year.
The government’s debt-to-GDP ratio now stands at 95.3 per cent, a level last observed in the 1960s. With the OBR set to release updated forecasts on March 26, there are concerns that the government may struggle to meet its goal of reducing the debt ratio by 2029. This could lead to potential spending cuts or tax hikes in the autumn budget.
Reduced debt-servicing costs helped boost January’s surplus, dropping from £9 billion in December to £6.5 billion. However, this was partially offset by a £6 billion one-off expense related to the government’s repurchase of military housing from private firm Annington.
Darren Jones, chief secretary to the Treasury, emphasized the government’s commitment to “economic stability and meeting our non-negotiable fiscal rules.” He also noted that a comprehensive spending review—the first of its kind in 17 years—is underway to ensure that public funds are used efficiently and aligned with national priorities.
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