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The Independent UK
The Independent UK
National
Kate Devlin

MPs demand: Cut funding of apprenticeships for City high-flyers

Getty/The Independent

The taxpayer-funded apprenticeships scheme should be overhauled to focus on young people at the start of their careers, instead of millions being spent on courses for senior executives, MPs will warn in the wake of an investigation by The Independent.

We revealed last month that the current system is being “gamed” to help pay for masters courses, with more than £1bn spent to subsidise these studies since 2017, including £100m used to part-fund MBAs for high-flyers.

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