Using member intelligence, the CBI outlines how different skills policies could impact businesses across the economy.
The Labour Party’s manifesto outlines key policies that will be implemented if Labour wins the General Election next month. The manifesto includes a plan to ensure employers have the skills and talent needed to grow their businesses.
Using member intelligence, the CBI continues to outline how different skills policies could impact businesses across the economy.
Areas of impact for businesses
Reforming the Apprenticeship Levy into a Growth and Skills Levy
Labour’s manifesto reaffirms the party’s commitment to reform the Apprenticeship Levy, allowing businesses to fund non-apprenticeship training as well. The exact courses that businesses could invest in will be decided by Skills England, a new national body Labour plans to introduce. Skills England will bring together businesses, training providers, unions, and national and local government to deliver a highly trained workforce aligned with Labour’s Industrial Strategy.
Interestingly, the manifesto did not mention the longstanding position that up to 50% of levy funds can be
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