CBI - Confederation of British Industry

12/19/2023 | Press release | Distributed by Public on 12/19/2023 12:28

CBI Wales responds to Welsh draft Budget

Ian Price, Director, CBI Wales, said:

"Businesses recognise that tough decisions were needed in the draft Budget, and it's right the government prioritised protecting the vulnerable and others most in need across society.

"The proposals designed to boost the number of apprenticeships and mainstream employability are a positive step. It is critical that funding should be maintained for apprenticeships and flexibility should be maximised to allow employers, government and providers to equip young people with the skills they need.

"With business concerned about lack of funding in colleges for apprenticeship training across Wales, we would like firms that qualify for the Apprenticeship Levy in England to be permitted to spend more of their funds developing a skilled Welsh workforce."