AELP responds to 2024 Autumn Budget
Following today's Budget, AELP's Ben Rowland has issued the following statement:
"There are no major surprises in the budget and it’s clear that the Chancellor is focusing on investment over the next five years. While there are glimmers of hope on skills, we would love to have seen much more on the investment required in human capital.
Investment in skills is needed so we have the people able to fix the potholes, staff our NHS and social care roles, rebuild RAAC infested schools and everything else a modern economy requires. The £40m for foundation apprenticeships and £950m for skills capital - as well as a recognition that skills is a central part of the government's growth mission - offers hope.
However perhaps the biggest area of concern is the impact changes in employers’ National Insurance Contributions will have on smaller employers. We are currently modelling this so we can work out how different sized providers will be impacted – and will be in contact with our members about this as soon as possible, as well as on the detail of the plans announced today such as the investment in foundation apprenticeship and skills capital."
The Association of Employment and Learning Providers (AELP) is a national membership body, proudly representing organisations operating in the skills sector. AELP members deliver a range of training and vocational learning – including the majority of apprenticeships as well as Skills Bootcamps, 16-19 Study Programme, Adult Education Budget and more.
For further information or interviews please contact Matt Strong, Communications Manager, AELP, on 07920 161685 or [email protected]
AELP responds to 2024 Autumn Budget
For further information or interviews please contact Matt Strong, Communications Manager, AELP, on 07920 161685 or [email protected]
