Rishi Sunak delivered his spring statement on Wednesday and told the House of Commons he would “consider” whether the current tax system, including the operation of the apprenticeship levy, is “doing enough to invest in the right kinds of training”. However, the Treasury has denied the apprenticeship levy is under “formal” review, despite the chancellor promising to “consider” and “examine” its effectiveness. Sector reaction is here. A full transcript of the Chancellor’s speech is here.
