Sky teams up with Multiverse

Sky has teamed up with the tech start-up Multiverse to gift £1 million of its unspent apprenticeship levy to organisations looking to develop digital, data and technical skills within its workforce.

More than £1 billion worth of business apprenticeship levy goes unspent each year. That would be enough to create 115,540 apprenticeships – the equivalent of almost halving the number of 16-24 year olds not in education, employment or training.

However, through the levy transfer system businesses who pay the Apprenticeship Levy each year have the ability to transfer this money to other organisations.

Sky’s work with Multiverse means that its unspent apprenticeship levy expire can go directly to small businesses who are looking to provide crucial skills within their organisation.

This is part of the Sky’s contribution to the UK cultural economy through skills, jobs, and investment, and comes as nine in 10 (88%) UK organisations are facing a shortage of digital skills impacting growth, efficiency and competitiveness.

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