Merger between Rathbone and NCG announced
A merger between Rathbone and NCG should boost employment prospects in the UK.
A merger between two of the UK's largest training providers - a process that could have used merger and acquisition advisors - could improve the job prospects for thousands of unemployed people.
Youth charity Rathbone and education, training and employability services provider NCG will enable members of the public to receive work experience when they join together, adding to the qualifications in literacy and numeracy held by participants and giving them an advantage in the job market.
This follows the release of data from the Office for National Statistics that revealed a 0.1 per cent quarterly fall in the country's employment rate, with 70.3 per cent of 16 to 64-year-olds currently in work.
"By joining NCG, Rathbone will be able to extend and improve learning opportunities for some of the country's most disadvantaged young people as part of our shared vision," Rathbone interim managing director Alison Tumilty said.
Alanah Kerr, a teenager from Salford, similarly approved the merger, advising members of the public to take advantage of the opportunities it will provide.
Posted by Edel Quinn
Source: Rathbone press release, January 18th