Speaking in Parliament yesterday, Mr Hammond said, ‘We are committed as a Government to delivering three million apprenticeship starts by 2020 with the support of business through the apprenticeship levy.
‘We recognise the challenges the new system presents to some small business looking to employ an apprentice. I can therefore announce today that the education secretary will release up to £80 million of funding to support small businesses in engaging apprentices.’
The Treasury later confirmed that this was not new funding but would be taken from the existing Department for Education apprenticeship budget. There was no new funding announced in the spring statement.
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