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 * Investor Relations
   Investor Relations overview
   
   Read our latest results, receive updates on the group’s performance and
   access shareholder information.
   
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    * Investor information
      
      
      
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 * Our Responsibility
   Our Responsibility
   
   Our responsibility is to help address the social, economic and environmental
   challenges facing our business, employees, customers and clients, now and
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    * Our People
      
      
      
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 * Media
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 * Careers
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   Our 3,700 employees are primarily based in the UK and work out of one of our
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 * Home
   
   
 * Spotlight On...
   Spotlight On...
   
   Examining the latest news and insights on topics affecting small businesses
   and individuals in the UK
   
   
 * Who we are
   
   At Close Brothers we provide financial support and advice to small businesses
   and individuals in the UK.
   
   
 * Our Purpose
   Our Purpose
   
   Our Purpose is to help the people and businesses of Britain thrive over the
   long term
   
   Our Purpose
   Our Purpose
 * What we do
   What we do
   
   At Close Brothers we provide financial support and advice to small businesses
   and individuals in the UK.
   
   See what we do
   What we do See what we do
    * Lending
      
      Our specialist businesses offer a wide range of lending solutions designed
      to support most types of businesses with their commercial growth
      ambitions.
      
      
    * Customer Finance
      
      Our specialist teams work with motor dealers and insurance brokers to help
      them offer flexible finance options and implementation advice for a broad
      range of clients and customers.
      
      
    * Savings
      
      Our range of specialist deposit products provides UK businesses,
      institutions and individuals with consistently competitive interest rates
      and a level of personal service that builds lasting relationships.
      
      
    * Wealth Management
      
      We provide a complete financial planning and investment service to
      business owners, professionals, retirees and high net worth individuals.
      We help our clients plan for their futures and their families’ futures.
      
      
    * Securities
      
      Winterflood, part of Close Brothers Group, provides access to securities
      and a range of related services to retail brokers, asset managers and
      institutional investors.
      
      

 * Our Businesses
   Our Businesses
   
   Close Brothers is a leading UK merchant banking group providing lending,
   deposit taking, wealth management services and securities trading.
   
   Our Businesses
    * Asset Finance
      
      
      
      
    * Asset Management
      
      
      
      
    * Aviation & Marine
      
      
      
      
    * Braemar Finance
      
      
      
      
    * Brewery Rentals
      
      
      
      
    * Broker Solutions
      
      
      
      
    * Commercial Acceptances
      
      
      
      
    * Commercial Finance
      
      
      
      
    * Invoice Finance
      
      
      
      
    * Motor Finance
      
      
      
      
    * Novitas
      
      
      
      
    * Premium Finance
      
      
      
      
    * Property Finance
      
      
      
      
    * Savings
      
      
      
      
    * Vehicle Hire
      
      
      
      
    * Winterflood Business Services
      
      
      
      
    * Winterflood Investment Trusts
      
      
      
      
    * Winterflood Securities
      
      
      
      

 * Investor Relations
   Investor Relations overview
   
   Read our latest results, receive updates on the group’s performance and
   access shareholder information.
   
   Find out more
   Investor Relations Find out more
    * Investor information
      
      
      
      Investor information
       * Overview
       * Share price
       * Financial highlights
       * Financial calendar
       * Investment case
       * Results, reports and presentations
       * Regulatory news
       * FAQ
       * Analyst coverage and consensus
       * Credit ratings
       * Investor Contacts
   
    * Shareholder information
      
      
      
      Shareholder information
       * Shareholder queries and FAQs
       * Shareholder services
       * Warning to shareholders
       * Annual general meeting
       * Dividends
       * Major shareholders
   
    * Corporate governance
      
      
      
      Corporate governance
       * Board of directors
       * Executive committee
   
    * Fixed income investors
      
      
      
      

 * Our Responsibility
   Our Responsibility
   
   Our responsibility is to help address the social, economic and environmental
   challenges facing our business, employees, customers and clients, now and
   into the future.
   
   Read more
   Our Responsibility Read more
    * Our People
      
      
      
      Our People
       * Supporting our people
       * Diversity and inclusion
       * Gender pay gap report
       * Wellbeing
   
    * Our Customers
      
      
      
      Our Customers
       * Helping our customers thrive
       * Treating Customers Fairly
   
    * Communities
      
      
      
      Communities
       * Our responsibility
       * Social mobility
       * Changing the story for children
       * The SME Apprentice Programme
       * Charitable giving
   
    * Environment
      
      
      
      Environment
       * Our responsibility
       * Climate change
   
    * Our Policies
      
      
      
      
    * Fraud Preventation
      
      
      
      

 * Media
   Media overview
   
   Stay informed on news and events from Close Brothers.
   
   Media
    * News
      
      
      
      
    * Media contacts
      
      
      
      
    * Email alerts
      
      
      
      

 * Careers
   Careers
   
   Our 3,700 employees are primarily based in the UK and work out of one of our
   50+ offices.
   
   Read more
   Careers Read more
    * Current Vacancies
      
      
      
      Current Vacancies
       * Apply for a job
   
    * ASPIRE School Leaver Programme
      
      
      
      
    * Graduate Programme
      
      
      
      Graduate Programme
       * Apply now
   
    * Life at Close Brothers
      
      
      
      Life at Close Brothers
       * Benefits
       * Learning and Development
   
    * Our Responsibility
      
      
      
      Our Responsibility
       * Diversity and Inclusion
       * Wellbeing
       * Social mobility
       * Changing the story for children
       * Charitable giving

 * Home


CLOSE BROTHERS CEMENTS COMMITMENT TO APPRENTICESHIPS WITH AMRC TRAINING CENTRE


HELPING LOCAL SMES TO SECURE THE SKILLS THEY NEED THROUGH OUR CLOSE BROTHERS SME
APPRENTICE PROGRAMME

A partnership between Close Brothers and the University of Sheffield AMRC
Training Centre has further cemented a commitment to supporting apprentices and
SMEs, helping businesses secure sustainable growth to build an engineering
workforce for the future.

 

Image: Representatives from Close Brothers Group plc, pictured alongside
University of Sheffield AMRC Training Centre apprentice alumni touring the
training centre workshop.



Over the past eight years, the Close Brothers SME Apprentice Programme has
supported the training of 55 apprentices at the AMRC Training Centre, part of
the University of Sheffield Advanced Manufacturing Research Centre (AMRC)
innovation cluster. The next stage of the partnership will now see up to a
further 20 apprenticeships funded over the coming year, with the intake
beginning in September 2023. 

As many businesses try to survive the squeeze of inflationary pressures, the
Close Brothers SME Apprentice Programme helps small and medium-sized enterprises
(SMEs) to grow their workforces and recruit new apprentices, providing a vital
opportunity for businesses to invest in local talent and skills. 

Nikki Jones, director of the AMRC Training Centre, said its partnership with
Close Brothers plays a crucial role in ensuring SMEs are equipped to employ
apprentices, which helps these businesses to continue to thrive. 

“We are so grateful for the support we’ve received from Close Brothers over the
past eight years and it’s a relationship we value highly,” added Nikki.

“Their support has made a huge difference to the lives of so many apprentices
and it’s a partnership we are excited to continue growing in the future.  

This scheme not only supports apprentices to have the opportunity to explore an
avenue which might not have been available to them previously, giving them the
chance to learn and gain an important set of skills businesses are calling out
for, but it also helps local SMEs to recruit the next generation of engineers. 

It’s these smaller businesses that remain to be the lifeblood of our communities
and local economy, and such support helps guide them through a difficult
financial period currently being faced by many and fill any current skills gaps.
What we do with Close Brothers provides the industry with a vital lifeline to
carve out an engineering future of excellence within UK manufacturing.” 

Adrian Sainsbury, Chief Executive of Close Brothers Group plc, said: “We are
delighted to be partnering again with the University of Sheffield AMRC Training
Centre. It opens up great opportunities for young people and helps create a
much-needed pipeline of future engineering talent. 

Apprenticeships are an excellent way for UK SMEs to fill skills gaps, develop
their future workforce and improve long-term growth prospects. 

We know from experience that SMEs often need assistance to take on apprentices,
so over the past eight years we have established a programme that aims to help
with the specific issues they are facing including the cost of investing in an
apprentice. We also want to help businesses establish a diverse and dynamic
workforce of young fresh talent with new ideas and an eagerness to learn the
skills and knowledge required to build a rewarding long-term career.  

We are proud to be playing our part to help small businesses invest in their
future and pass important skills onto the next generation.”  

Under the scheme, Close Brothers contributes up to 50 per cent of the wages of
the apprentices in the first year and 25 per cent in the second year and covers
all training costs. This year, Close Brothers will be funding 15 new apprentices
and five progressing apprentices to higher and degree apprenticeships. 

For those wanting further information about the Close Brothers SME Apprentice
Programme, please contact Marc Rhodes, business development account manager for
the AMRC Training Centre via email: marc.rhodes@sheffield.ac.uk, or call 0114
215 8036.

Quotes from apprentice alumni who have received support from Close Brothers: 

Apprentice alumni Adrian Salatowski received support through the Close Brothers
SME Apprentice Programme. He undertook a Level 3 Advanced Manufacturing
Apprenticeship and progressed to a Level 6 Degree Apprenticeship in
Manufacturing Technologies at the AMRC Training Centre.

The 31-year-old has worked for CWE Ltd, based in North Lincolnshire, since
January 2020. He began at the company as a CNC machinist and progressed to a
quality assurance inspector role shortly after. He is now a quality assurance
manager.
Adrian said that receiving support from Close Brothers gave him a big boost and
laid a solid foundation for his engineering career.

“An apprenticeship appealed to me because of the accessibility element. As a
foreign student from Poland, an apprenticeship seemed like the best way for me
to redirect my life and join the engineering patch,” added Adrian.

My family has always been very technical in various industries and an
apprenticeship for me seemed like a natural continuity of the family tradition
to join the same path. My engineering road was bumpy since I came to the UK from
a different country, but having the support from Close Brothers has helped me
immeasurably to have a job in engineering and boost my career.

As a proud part of the industry, I keep developing my strengths and growing as a
professional. The skills and knowledge gained during my apprenticeship helped me
prove my position at work which resulted in various promotions and general
appreciation of my efforts.”

Another former apprentice supported by the Close Brothers SME Apprentice
Programme is 21-year-old Rosie Davies. She is a Level 3 CNC machine operator at
Penny Hydraulics in Chesterfield and has worked there for almost three years. At
the AMRC Training Centre, she achieved a Level 3 diploma in Advanced
Manufacturing and Engineering (Computer Numerical Control).

Rosie said: “Receiving the funding from Close Brothers has allowed the company
to train me on our new CNC machine and it has enabled me to have the amazing
opportunity to work in the engineering industry and to earn while I learn.

My grandfather, dad and uncle inspired me to pursue a career in engineering. As
it runs in my family, it has always piqued my interest. Ever since I was
younger, I have watched them take things apart and figure out how they work, or
fix things I was sure would be broken for good - I wanted to be like them.

An apprenticeship gave me the skills and knowledge I needed to constantly
develop my skills in the workplace, while teaching new apprentices the things I
have learned. It’s something I’ll always be very grateful for.”

Also working for Penny Hydraulics is design engineer Louie Hodkin. He gained a
Level 3 in Technical Support at the AMRC Training Centre and is currently
working towards his Level 6 Degree in Manufacturing Technology.

“I didn’t want to go to university, but I wanted a degree, so I was in a
difficult position until I found the AMRC Training Centre, which was specific to
engineering,” added the 23-year-old. “It has allowed me to earn money while
gaining valuable experience.

Without the support of Close Brothers and this scheme I wouldn’t have been able
to undertake an apprenticeship or have the opportunity to take on multiple
courses through the AMRC Training Centre.”


About the AMRC Training Centre 

The University of Sheffield AMRC Training Centre provides apprenticeship
programmes focused on industry-based learning, alongside training in a
real-world manufacturing environment to create the engineers of tomorrow. 

Offering Advanced, Higher and Degree apprenticeships, ranging from A-level
equivalent level three, through to a level six bachelor degree, in subject areas
including machinist technician, welder, automation and controls engineering, as
well as mechanical manufacture and nuclear manufacturing. 

The AMRC Training Centre combines classroom learning and shopfloor industrial
experience, while providing an earn-as-you learn framework - and provides
pathways for new apprentices getting started, through to Continuing Professional
Development (CPD) courses for those looking to upskill or reskill. It provides a
high-quality alternative to traditional academic study that supports the
ever-changing needs of industry, but meets the manufacturing needs of the
future. 

Having trained more than 1,700 apprentices, the AMRC Training Centre works with
more than 250 companies from a diverse range of sectors including McLaren
Formula 1, Heineken, AstraZeneca, Boeing and ITM-Power, alongside smaller
businesses like AESSEAL, Forgemasters, Tribosonics, NiftyLift and Polypipe
Building Products, that are the lifeblood of UK manufacturing. 

As part of the University of Sheffield, a Russell Group University, the AMRC
Training Centre also draws on the expertise of neighbouring world-leading
research and innovation cluster, the University of Sheffield Advanced
Manufacturing Research Centre (AMRC). 

Representatives from Close Brothers Group plc, pictured alongside University of
Sheffield AMRC Training Centre apprentice alumni touring the training centre
workshop

https://amrctraining.co.uk/
 


INVESTOR RELATIONS

 * Group financial highlights
 * Results, reports & presentations
 * Regulatory news
 * Share price
 * Contact Investor Relations


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London EC2A 4FT

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