So why are you funding courses for top executives on £100,000 a year?
Revealed: How £100m of taxpayers' money is going towards MBAs for highflyers while the young miss out
Millions of pounds in taxpayers’ money is being used to part-fund university courses for executives earning more than £100,000 a year, The Independent can reveal. The spending is happening despite government attempts to end such use of the apprenticeship levy two years ago. Industry bosses, think tanks and politicians say subsidising executive MBAs is not what the levy was meant to achieve, and warn that the scheme introduced by David Cameron in 2017 is failing and urgently needs reform. An estimated £100m of the apprenticeship levy has been used to subsidise top earners getting their executive MBAs. Ken Murphy, Tesco CEO, said: “It is clear the apprenticeship levy is not working ... with entry-level [apprentices] missing out”. Labour said: “Apprenticeship starts are now in freefall under the Conservatives.”