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<p>The government will introduce a new payment of £2,000 to employers in England for
each new apprentice they hire aged under 25, and a £1,500 payment for each new apprentice
they hire aged 25 and over, from 1st August 2020 to 31st January 2021. Table 1 of
the Plan for Jobs shows the level of fiscal support available including £1.6 billion
for boosting worksearch, skills and apprenticeships. This includes the indicative
cost of 100,000 incentive payments for new apprenticeship hires. The final costs will
depend on the number of new apprentices hired.</p>
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