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Lord Livermore (Lab)

Speaking in the House of Lords on 27 November 2025

Debate

Budget: Small and Medium-sized Businesses

Contribution

I am grateful to my noble friend for her support for what we announced yesterday in terms of apprenticeships. We are investing £1.5 billion over the spending review period for investment in employment and skills support, including £725 million for the growth and skills levy to help support apprenticeships for young people and to fully fund SME apprenticeships for under-25s. We will also introduce new reforms to simplify the apprenticeship system and make it more efficient when short courses are introduced from April 2026.

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