High street losing out on £3.5bn apprenticeship funding due to red tape
Trade bodies representing retail, hospitality, technology and recruitment have written to the government calling for urgent reform to the apprenticeship levy system, having already lost £3.5bn in unused funds.
Signatories from the British Retail Consortium (BRC), UKHospitality, TechUK and the Recruitment & Employment Confederation (REC) have accused the government of “holding back investment” in training and said billions of pounds worth of funding has expired under its restrictive use-it-or-lose-it scheme.
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