New research from City & Guilds called Levying Up, advocates The 5% Club finds that the government’s apprenticeship levy is currently not working as many employers perceive it should. It shows that levy-paying employers are using an average of 55.5% of available funds and a mere 4% have used their full levy funding in the last five years.
● New research from City & Guilds and the 5% Club finds that employers have spent an average of 55.5% of their apprenticeship levy funding in the last five years – meaning nearly half of the generated funding has not been used by Levy paying employers and risks going to waste
● An FOI found that £3.5billion funding notionally allocated to levy paying employers has expired between FY 2017-18 and FY 2012-22
● A staggering 96% of UK businesses would like to see change to the levy
