Skill Shortages in Business and Industry

Baroness Wolf of Dulwich Excerpts

Wednesday 28th February 2024 Lords Chamber

[Baroness Barran (Con)]

I have already talked about some of the things we are doing. It is important that people know what options and opportunities are available in their local area, and the LSIPs are critical for that. In particular, the Government have invested up to £300 million in a network of 21 institutes of technology, which are providing exactly the kind of higher technical education to which the noble Lord refers.

[Baroness Wolf of Dulwich (CB)]

My Lords, the Government’s figures indicate that fewer than one apprenticeship in five is in a shortage occupation. Given those figures, is it really plausible that no changes are needed in the apprenticeship levy?

[Baroness Barran (Con)]

I hope I did not suggest that no changes are needed. What employers need and want is a degree of stability in the apprenticeship system. We have done a huge amount of work, and the noble Baroness has been a critical part of achieving that, in improving our apprenticeships system. I am not suggesting that there is not some tweaking required—the noble Baroness is a great expert on that. Broadly, stability for our employers is vital, so that they know how they can use the levy and that it will be here to stay.