CIPFA, ICAEW and ACCA's have written a joint letter regarding the Level 7 apprenticeships funding restrictions urging the government to re-think.
Dear Sir/Madam,
All business leaders agree that skills are critical to the growth prospects of their businesses and the wider economy.
This is why the undersigned Professional Bodies have all raised concerns about Government plans to remove funding for Level 7 apprenticeships, to instead focus money on delivering training elsewhere.
Yet these Level 7 apprenticeships are exactly the kind of qualifications that businesses and public sector organisations need, and on which the UK's foreign direct investment depends.
We all agree that apprenticeship funding should not be for existing highly-skilled people, which is why restricting Level 7 funding to under-25s is an approach worth considering.
In solving one problem the Education Secretary is in danger of undermining her Government's wider objective for growth, as well as hitting jobs and the aspirations of ambitious young people.
The reputation of apprenticeships as a route to great careers and the professions must be protected and enhanced.
We urge the Government to think again on Level 7 funding.
Alan Vallance, CEO, ICAEW, Alan.Vallance@icaew.com
Maggie McGhee, Executive Director, ACCA, Maggie.McGhee@accaglobal.com
Owen Mapley, CEO, CIPFA, Owen.Mapley@cipfa.org
Notes to editor
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