A new careers and enterprise company for schools will be set up to boost the way careers education and advice is provided, the government has announced.

The Department of Education explained that this organisation will inspire youngsters by delivering more robust and focused guidance on the world of work.

This new initiative is part of the government's wider plan for transforming the nation's economy, as better career advice will ensure they are able to succeed in the world of work after leave school.

"Our plan for education has already transformed standards in our schools, giving every young person the chance to master the basics and focusing on raising standards in the key academic subjects that universities and employers value the most," commented education secretary Nick Morgan.

"But mastering the basics is just the start. I am clear that schools and colleges have a broader role to play in preparing young people for adult life."

She said that the new careers and enterprise company will support greater collaboration between schools and employers, helping them work together for the benefit of all.

Ms Morgan revealed that Christine Hodgson, the current chair of Capgemini UK, with chair the new company.

A key agenda item is inspiring young people to feel confident about the ability to thrive in the world of work, backed by a successful experience of school and further/higher education.

"Employers are best placed to inspire our young people into the world of work," commented business secretary Vince Cable. "The new company will play a vital role in creating that bridge between businesses and schools and inspire young people with exciting career prospects.

"For too long, careers advice in schools has been patchy and too dependent on individual teachers having the right knowledge and expertise, with employers often finding that school leavers don’t have the necessary skills or training."