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Aye, I know what you mean. As I said, on-the-job training, vocational qualifications, all fine. And so I suppose that if McDonald's are to issue qualifications in working on (or running) a fast-food franchise, then there's nothing wrong with it.
But the "equivalent to A-levels" sounds like it means, "interchangeable with A-levels", and I don't think that should be the case. But then, maybe that's not what is meant. The reporting of this whole thing was a bit weak.