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Apprentices: Expenditure

Answer

In the 2023/24 financial year, 99% of the revised end-of year English apprenticeships budget of £2,525 million was spent, an underspend of £16 million (£60 million was surrendered in year).

The following table provides a breakdown of total spend for the 2023/24 financial year, including the proportion of total spend on training for apprenticeships with levy paying employers and training for apprenticeships with non-levy paying employers in England. In addition, the table reflects the spend on apprenticeships that started prior to the introduction of the apprenticeships levy and new funding system, as well as non-apprenticeships participation spend, such as the cost of running digital services and marketing and communications campaigns.

Apprenticeships spend from the department’s ring-refenced apprenticeships budget	2023/24 financial year (£million)	Proportion of total spend (%)
Levy paying employers	1,760	70
Non-levy paying employers	695	28
Pre-reform apprenticeships	1	<1
Non-apprenticeships training	53	2
Total	2,509	100%

Where the department’s apprenticeships budget is underspent by the end of the financial year, funds are returned to HM Treasury in line with standard practice set out in the published consolidated budgeting guidance.

Secondary information

Type

Written question

Reference

HL5223

Session

2024-26

Subjects

Apprentices Expenditure

Contains statistics

Yes

Link

View this Written question on www.parliament.uk