McDonald's has pocketed £10million of public money for an apprenticeship scheme ...but has not created a single new job with it.
Instead, the multi-national fast-food giant has spent the whole sum on “career progression” for 18,000 existing staff.
A Sunday Mirror investigation has found that among nine other major firms which take the most money from the scheme, £20million has been spent to create just 2,559 new jobs.
With unemployment hitting 2.67million PM David Cameron has pushed apprenticeships as a way to get young people back into work. In July he revamped the Skills Funding Agency to work directly with employers and recently said: “Apprenticeships are at the heart of the kind of economy we want to build: one where many more young people have the chance to learn a proper trade.”
Taxpayers have so far paid out £30,934,034 to create jobs which cost £12,088 each. But anyone on an apprentice’s minimum wage takes home just £5,200 a year.
More from the Daily Mirror
News
McDonald's spends £10m of taxpayer's cash from employment scheme without creating a single job.
- Details
Comments
or post as a guest
Loading comment... The comment will be refreshed after 00:00.
Be the first to comment.
