Addressing Shortage of Health Visitors and Midwives through Co-op Levy Share Service
- Co-op investing in over 600 early years apprenticeships
- Partnership with The Royal Foundation’s Business Taskforce for Early Childhood
- Addressing shortage of health visitors and midwives
- Investment to support nurseries creation in England
- Co-op Levy Share service allows partners to pledge up to 50% of unspent apprenticeship levy funds
- £1m starting fund from Business Taskforce members, aiming to raise £5m over five years
- Additional pledges from Midcounties Co-operative
- Labour plans to create 100,000 nursery places for children aged nine months and repurpose unused primary school space
- Talks with other taskforce members for further funding involvement
The Co-op, in partnership with The Royal Foundation’s Business Taskforce for Early Childhood, is investing in over 600 early years apprenticeships to address the shortage of health visitors and midwives. This investment will span across various sectors supporting children under five-years-old and contribute to creating 3,000 new nurseries in England. The Co-op Levy Share service allows partners to pledge up to 50% of unspent apprenticeship levy funds for underrepresented groups. A £1m starting fund from Business Taskforce members aims to raise £5m over five years, with additional pledges from Midcounties Co-operative. Labour plans to create 100,000 nursery places for children aged nine months and repurpose unused primary school space. The initiative targets early childhood career development and aims to strengthen the sector while creating opportunities for talented individuals in childcare.
Factuality Level: 8
Factuality Justification: The article provides accurate and relevant information about Co-op’s investment in early years apprenticeships and their collaboration with other organizations to address the shortage of health visitors and midwives. It also mentions plans for creating new nurseries and repurposing unused space in primary schools. The quotes from Shirine Khoury-Haq and Sara Dunham support the main points made in the article.
Noise Level: 3
Noise Justification: The article provides relevant information about an initiative by The Co-op and other members of The Royal Foundation’s Business Taskforce to invest in early years apprenticeships to address the shortage of health visitors and midwives, as well as support the creation of new nurseries. It also mentions a specific fund being created by Co-op with a commitment to raise £5m over five years. The article stays on topic and supports its claims with details about the initiative and quotes from relevant sources. However, it could benefit from more analysis or context on the broader issue of early childhood care in the UK and potential long-term consequences of this investment.
Financial Relevance: Yes
Financial Markets Impacted: The investment will impact companies involved in early childhood education and care services, including nurseries and apprenticeship providers.
Financial Rating Justification: This article discusses an investment by The Co-op and other organizations in early years apprenticeships to address a shortage of health visitors and midwives, as well as the creation of new nursery places. This will impact companies operating in the childcare sector and potentially affect their financial performance.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the last 48 hours.
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