(5 years, 4 months ago)
Commons ChamberThe hon. Gentleman is absolutely right, and I am grateful for his comments about not throwing the baby out with the bathwater. The consultation and the eventual infrastructure, if I may describe it in that way, should and will fit seamlessly with the Augar review and whatever we do on HE.
This morning, I was at General Electric’s transformer factory in Stafford. It is the only manufacturer of large-scale transformers in the UK, and clearly higher technical education and apprenticeships are vital for GE. Will my hon. Friend update the House on the situation for companies do not pay the apprenticeship levy because they are below the threshold? Those small and medium-sized enterprises are absolutely vital to our economy. Since the introduction of the levy, has there been greater uptake of apprenticeships among such companies?
I am grateful to my hon. Friend for his question. He is right to focus his concern on the non-levy paying business community. We dropped the contribution from 10% to 5% to make sure that those SMEs can feel confident in participating and in taking on apprenticeships. We continue to monitor their progress.