Policy briefing: Apprenticeships & the apprenticeship levy
This short briefing provides a high-level background to the introduction of the Apprenticeship Levy on 6 April 2017 and the wider context of the growth of apprenticeships.
In his Summer Budget in July 2015, chancellor George Osborne announced the introduction of a levy to fund the target of three million apprenticeship starts by 2020. The introduction of a levy fundamentally alters the UK’s approach to skills funding – lessening the cost to the public purse, transferring the cost burden to employers. It also seeks to address the perception that firms’ investment in talent is on a downward trend. This policy was to form a key pillar of George Osborne’s Productivity Plan entitled Fixing the foundations: creating a more prosperous nation which he published immediately after the budget.
Apprenticeships have a vital role to play in addressing this skills challenge as part of a dynamic education and skills system.
Read more about the levy in the attached paper.
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Andrew Wright presented in late September to around 25 APM North West Branch members in Warrington The session introduced the work of the JWG and the key points of its findings.