Universities ‘concerned’ skills levy could harm marketing apprenticeships
Faced with a “potential halving” of investment in apprenticeships, 77% of universities fear Labour’s proposed Growth and Skills Levy could hinder uptake.
Over three quarters (77%) of universities are concerned the government’s proposed Growth and Skills Levy could “hinder” the volume of talent entering the workforce via apprenticeships by allowing employers to spend up to 50% of levy funding on non-apprenticeship training.
The survey conducted by the University Vocational Awards Council (UVAC) of its university members, finds 88% believe higher and degree apprenticeships will help the government drive economic growth and address skills gaps, including within the marketing industry.
“If the Labour government follows through with its proposal to introduce a Growth and Skills Levy, the in principle design suggests there would be a 50% protection for apprenticeship provision, with up to 50% funding for other forms of provision yet to be decided,” UVAC chief executive Dr Mandy Crawford-Lee tells Marketing Week.
