CMI comments on Philip Hammond’s Tory Conference speech
The Chancellor's move towards making the levy more flexible and less bureaucratic for business strikes a much needed-note. Let's hope this is the first of many policies which will make it easier for all employers to invest in the people skills we so urgently need to boost British productivity. We welcome the increased investment in STEM subjects alongside greater access for SMEs and supply chains. Support for degree apprenticeships to boost social mobility, an emphasis on quality over quantity, and a more employer-friendly approach to how the levy is run will also help make the policy more impactful and effective.
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Notes to editors
The Chartered Management Institute (CMI) is the only chartered professional body for management and leaderships, dedicated to improving managers' skills and growing the number of qualified managers.
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