Large employers fail to spend apprenticeship money

Employers are failing to use hundreds of millions of pounds that was intended for training apprentices, according to BBC.

At least 55 of the largest employers in England have each released more than £1m back to the government which was meant to be spent on apprentices.

This suggests that some large companies seem happier to treat the levy simply like an extra tax and say goodbye to the money involved, rather than take advantage of it to improve the skills of younger workers.

Matthew Fell, the CBI’s chief UK policy director, said: “It’s clear that the current system is in need of urgent reform. The government must use the upcoming budget to announce a comprehensive review into the levy.”

Read full article here Large employers fail to spend apprenticeship money

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