Rishi Sunak to announce bosses will get £3,000 for every new apprentice they take on in next week's Budget

BOSSES will get £3,000 for every new apprentice they take on, Rishi Sunak will announce in next week’s Budget.

It is part of a multi-million-pound jobs bonanza intended to help the Covid-ravaged economy bounce back.

The Chancellor will put £126million into providing more traineeships.

Firms get £1,000 to take on a trainee, who gets work experience and English and maths lessons.

And under a separate scheme, the bonus given to those that take on an apprentice will be raised from £2,000 to £3,000 from April 1.

Mr Sunak vowed to do everything he could to retrain Brits and keep them away from the dole queue.

He said: “Our Plan for Jobs has spread opportunity and hope throughout the crisis — helping people back into work and harnessing their talents for the future.

“We know there’s more to do and it’s vital this continues throughout the next stage of our recovery, which is why I’m boosting support for these programmes, helping job-seekers and employers alike.”

The Chancellor is also creating a new flexi-job apprenticeship to give more workers a chance of getting a qualification.

This will mean apprentices can pick up hours and gain experience at different companies. Ministers say this will particularly help those working for different studios and production companies as they start in the TV and film industry.

It comes as Mr Sunak faces fresh pressure from senior Tories not to raise taxes in the Budget.

The Centre for Brexit Policy think-tank said taxes on company profits should be cut by half over the next decade to kickstart the economy after the Covid crisis.

CBP fellow and former Tory leader Sir Iain Duncan Smith said: “Taxes should be avoided. Instead, they should even be lowered so we send a clear signal to the world’s wealth creators that a post-Brexit UK is the perfect place to do business.”

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