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.

Ann Francke, CEO, Chartered Management Institute

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Notes to editors

About CMI

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.

Our professional management qualifications span GCSE to PhD equivalents, including the unique Chartered Manager award, which increases earning potential and improves workplace performance. We have been registered as an apprentice assessment organisation by the Skills Funding Agency.

CMI has led the way in developing a suite of trailblazing management apprenticeships with a 40-strong group of employers. These start from Level 3 (team leader) and Level 5 (operations manager) through to Chartered Manager Degree Apprenticeship. The Senior Leader Master's Degree Apprenticeship gives employers the option to upskill up to executive and C-suite level. CMI is a Skills Funding Agency-registered apprentice assessment organisation.

We provide employers and individual managers with access to the latest management thinking and with practical online support that helps them to embrace change, create high-performing teams and keep ahead of the curve.

With a member community of more than 157,000 managers and leaders, we promote high standards of ethical practice through our Professional Code of Conduct, and help managers to build their expertise through online networks, regional events and mentoring opportunities.