Tesco has called on the government to overhaul the apprenticeship levy in a bid to create thousands of new roles across the retail sector every year.
The supermarket giant said changes to the levy could lead to 8,000 new retail apprenticeships every year, with 500 of those being created at Tesco alone.
The number of apprentices dropped 18% last year to 161,900, meaning there were 36,700 fewer places for young people. Companies have returned hundreds of millions of pounds in unused support after being unable to use the levy to its full potential.
Please sign in now if you have a subscription or are already registered with us.
Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.
Register today for a taste of our high-quality intelligence and enjoy:
Discover Retail Week register now
Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.