Latest News Headlines
Commercial Credit News
|Expert comment on the apprenticeship levy|
|Monday, 15 August 2016|
In light of the Government’s apprenticeship levy update earlier this morning, Kelly Ball, Managing Director of leading apprenticeship provider Positive Outcomes said: “Today’s announcement from the Government that the apprenticeship levy is set to go ahead as planned in April 2017 is a welcome relief. The Brexit uncertainty and the delay in updates was becoming disconcerting, but now we know it’s definitely going ahead, both employers and apprenticeship providers can plan accordingly.
"Apprenticeships are a wonderful way of nurturing young and enthusiastic talent. We regard them as a key component of bridging the UK skills gap. We hope that more and more employers will recognise this. With the levy covering much of the cost of training young apprentices, we’re hoping to see an increasingly diverse portfolio of apprenticeships on offer, offering young adults a rich tapestry of career paths to choose from.
"The update suggests the Government will cover 90% of the costs of an apprenticeship, and with firms with an annual wage bill under £3m not having to contribute to the levy, means this should apply to 98% of businesses. With such a level of support, employers should be enthusiastically taking up the opportunity to bring in malleable, energetic employees, who are eager to advance on the career ladder.”
Forums International Ltd
Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.
Find out more here.
The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.
CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.
As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.
Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.
GTS Media Ltd
81 Cambridge Road
Registered in England No: 05483197