Only a tiny proportion of large employers’ apprenticeship cash was passed on to smaller employers in the first three months of the transfer scheme, the skills minister has revealed. Since May this year levy-paying employers have been able to transfer up to 10 per cent of their funds to smaller employers in their supply chains and last month the chancellor Philip Hammond announced an increase in the amount of cash that employers will be able to pass on from April 2019, up to 25 per cent. However, in the three months from May to July “less than 1 per cent of levy funds in employer apprenticeship service accounts were used to fund apprenticeships in this way for non-levy paying employers,” Mrs Milton said in response to a parliamentary question. Click here for more.
