The Treasury has to act quickly to release some of the £83m the logistics industry has paid in the Apprentice Levy between April 2017 and March 2018 to help fill the skills gap as the UK heads for Brexit on March 29, says FTA head of skills Sally Gilson. The levy requires all employers with annual pay bills in excess of £3m to pay 0.5% of their wage bill as an additional tax to the Treasury. Employers can then claim […]
The Supply Chain Academy has launched a work-based degree-level apprenticeship in supply chain management in partnership with Leeds Trinity University.
Stockton Riverside logistics apprenticeship programme shows what can be done when employers step up to the plate
Securing funding for logistics apprentices is only half the battle when it comes to solving the skills crisis – getting students and employers talking is also vital. Stockton Riverside College (SRC) on the south bank of the Tees believes that with its Logistics Academy it has created a successful collaborative model for others to follow.
Millions of pounds of unspent apprenticeship funding is in danger of being diverted into the Treasury’s coffers, with many operators unaware that they can transfer a quarter of their funding to subcontractors to help pay for their apprenticeship schemes.