Department for Education: Apprentices
(asked on 10th May 2024) - View Source
Question to the Department for Education:
To ask His Majesty's Government what was the total value of the Department for Education’s apprenticeships budget in each financial year since 2017–18.
The department’s apprenticeships budget is used to fund training and assessment for new apprenticeship starts in apprenticeship levy and non-levy paying employers to cover the ongoing costs of apprentices already in training and any additional payments made to employers and providers.
The table below provides the total value of the department’s apprenticeship budget for England for each financial year since 2017/18.
Financial Year | 2017/18 | 2018/19 | 2019/20 | 2020/21 | 2021/22 | 2022/23 | 2023/24 | 2024/25 |
DfE Apprenticeships Budget (£ million) | 2,010 | 2,231 | 2,469 | 2,467 | 2,466 | 2,554 | 2,585 | 2,729 |
The budget figure for the 2024/25 financial year reflects the Spending Review 2021 settlement, as well as additional funding that has recently been announced to support apprenticeships, including the growth pilot announced at the Autumn Statement, and the additional funding the Prime Minister announced in March to boost apprenticeships for young people in smaller business and meet overall increased demand for apprenticeships.