Ann Watson, CEO of Semta said: “There is much to be welcomed by our sector. The successful introduction of the Apprenticeship Levy is now absolutely vital to the future of our sector and our nation – Semta is totally committed to help make this happen.
“The transferability of levy funds to other employers and the full funding by government of younger apprentices taken on by small employers are particularly pleasing.
“Over £350 million a year is spent on apprenticeships in our sector, 25% of the total. It’s crucial that employers are able to maintain this level of investment in their skills, so we welcome the generous 90% co-investment proposed by the government and the uplift for STEM apprenticeships.”
