Question to the HM Treasury:
To ask His Majesty's Government, further to the Written Answer by Baroness Smith of Malvern on 26 June (HL8470), when they intend to announce the revised formula for allocating the growth and skills levy (formerly the apprenticeship levy), including (1) the total for each year of the spending review period, and (2) the amount to be held back by the Treasury.
At Spending Review 2025, the Government allocated an additional £1.2 billion per year for skills by 2028-29. Final allocations for all skills programmes, including the growth and skills offer, will be confirmed in due course.