Apprentices: Finance

(asked on 15th March 2018) - View Source

Question to the Department for Education:

To ask Her Majesty's Government what assessment they have made of whether the increase in funds available for the apprenticeship scheme will increase the number of apprenticeships.


Answered by
 Portrait
Lord Agnew of Oulton
This question was answered on 29th March 2018

Since 2015, we have seen over 1.2 million starts. Our investment in apprenticeships is set to grow from £1.54 billion in 2015-16 to £2.45 billion by 2019-20.

Following the recent procurement exercise to deliver apprenticeship training to non-levy paying employers, the government awarded initial funding totalling £490 million for provision between January 2018 and April 2019. In the Spring Statement, it was announced that up to £80 million of additional funding will be available for providers who were successful in this procurement. This will be released from April 2018, in response to emerging employer demand.

By making this funding available, we are giving further confidence to smaller employers and their training providers to invest in apprenticeships, providing the skills that employers need and more apprenticeship opportunities for people of all ages and from all backgrounds.

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