While existing apprenticeships are continuing to operate, restrictions necessitated by the Coronavirus mean training providers facing the prospect of months without new income because they are unable to sign up new starts.
Chris Baker, finance director at childcare specialists Crackerjack Training, said, ‘We will be getting apprenticeship income for those remaining on the programme, but the big thing that is really going to affect us is recruitment – if we are not replacing apprentices that are finishing our income is going to be dropping month by month.
‘We had two big marketing events in March and April we have had to cancel. Obviously if we don’t start anybody for two to three months we are going to get a big drop in finances, but we still have to pay business rates and other operating costs.’
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