On 9 June the “Reskilling the Recovery” campaign was launched by the London Progression Collaboration; the campaign calls on large employers to pledge some of their unspent Apprenticeship Levy funds. On the day of launching, the fund already had over £600k of pledges. FTI Consulting has been able to pledge £100k into the fund alongside companies including Amazon, BBC and Pearson.
Small businesses make up 99.8% of all London’s private sector businesses and almost half of the capital’s jobs. These are also the businesses that have been hit the hardest by the impact of COVID-19.
The fund will support SMEs in London by creating vital opportunities for low paid existing or new employees of small businesses by providing access to apprenticeship and upskilling programmes.
The training and opportunities provided by this campaign will be critical in rebuilding the confidence of small businesses in London and will ultimately boost the recovery of the UK economy.
The campaign has been supported by the education secretary, Gavin Williamson MP, as a “brilliant way” to help smaller businesses after the pandemic.
FTI Consulting proactively look for ways to support communities and organisations to be more resilient by using our expertise through pro bono, volunteering and fundraising – the need for which has never been so important than now.
Kevin Hewitt, EMEA Chairman of FTI Consulting has said that: “FTI Consulting is honoured to be backing ‘Reskilling the Recovery’. Our pledge will enable small businesses to access vital training, up-skilling and apprenticeship opportunities which will enhance business recovery and will build greater resilience for the future.”
To find out more about the campaign click here.
Recent press coverage of the campaign can be found here.