Nearly half of UK households say that they would struggle to cope if their monthly outgoings rose by £99. We look at how you can create some financial 'breathing space' to help you out if you lose your job or become ill.
Apprenticeship numbers increase
There has been an increase in the number of apprentices, figures show
More than half a million people started an apprenticeship in the past year, with strong growth at advanced and higher levels, according to new figures.
The Government said the increase of almost 50,000 compared with the 2010/11 academic year was a "momentous" achievement.
Skills minister Matthew Hancock said: "It shows our passion for skills, and is a ringing endorsement from employers and apprentices alike, who are reaping the benefits of a more highly-skilled workforce.
"I am particularly pleased to see such a big increase in the number of people signing up for advanced level and higher level apprenticeships, which open the road for people wanting to become engineers, lawyers and accountants."
Tess Lanning, senior research fellow at the IPPR think tank, commented: "The increase in apprenticeships is very welcome, but much of that growth has come from over 25s, rather than in places for young people.
"Over 25s now take 44% of all apprenticeships. What's more, workplace skills training for adults has fallen by 275,400 places, suggesting that employers have simply shifted their workers on to apprenticeships in order to continue getting government funding."
related stories on msn
latest money videos
While Royal Mail showed an increase in yearly profits Marks and Spencer saw profits fall agaisnt last year's figures.
Date 21/05/13, Duration 1:51, Views 339
more on msn money
msn money poll
When did you last switch your current account?
Thanks for being one of the first people to vote. Results will be available soon. Check for results
- In the last six months
- In the last year
- In the last two years
- In the last three years
- In the last five years
- 75 %I have never switched current accounts