Education Secretary Nicky Morgan has announced the creation of a new careers and enterprise company for schools and colleges, to transform the provision of careers education and advice for young people and inspire them about the opportunities offered by the world of work.

The new company is designed to support the government’s long-term economic plan by helping to prepare young people to be work ready as the government is determined that education establishments and employers should work in partnership to deliver careers advice, inspiration and guidance to young people across the country regardless of their background or location.

Focusing on young people aged 12-18 years, the new company will help pupils to access the best advice about the world of work by encouraging greater collaboration between employers, colleges and school. By brokering these relationships, it will ensure employers are supporting young people with decision-making and career development at every stage of school life, helping them to make more informed decisions and leave school fully prepared for life in modern Britain.

The careers and enterprise company, which will be employer-led and independent of government, will be chaired by Christine Hodgson, who is the current Chair of Capgemini UK and has a strong track record in developing young talent. It will run a £5 million investment fund to support and generate innovation in careers advice.

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