The government has been urged to allow big nuclear companies to pass on cash they receive from the government’s new apprenticeship levy to their suppliers. The Nuclear Industries Association (NIA), in a new document setting out its priorities for the next government, says companies should have greater leeway over how they use the credits they receive via the levy. Under the scheme, all companies with a turnover of more than £3 million have to pay the equivalent of 0.5 per cent into the initiative. They then recoup credits, which they can use to train apprentices, but these cannot be passed on to other firms until next year when they will be able to redeploy 10 per cent.
Utility Week 12th May 2017 read more »