Question to the Department for Education:
To ask His Majesty's Government when they intend to announce the revised formula for allocating the growth and skills levy (formerly the apprenticeship levy), including (1) the total for each year of the spending review period, and (2) the amount to be held back by the Treasury.
This government is transforming the apprenticeships offer into a new growth and skills offer, which will offer greater flexibility to employers and learners, and support the industrial strategy.
The growth and skills offer is vital in delivering the government’s Plan for Change and achieving its missions of driving growth and breaking down barriers to opportunity. The department will work through all of its budgets at departmental business planning and set out more detail on the approach to the growth and skills offer in due course.
His Majesty’s Treasury are responsible for the operation of the UK wide apprenticeships levy and for allocating funding to England and the devolved administrations through Spending Review settlements.