Today welcomes in the biggest shake-up of skills in a generation as the apprenticeship levy comes into force.
The levy will require all employers in the UK with an annual wage bill of at least £3 million to pay 0.5% of it to go towards funding apprenticeships.
This money will be invested to provide quality training opportunities for apprentices and double the annual investment in apprenticeships in England to £2.5bn by 2019 to 2020, compared to investment from 2010 to 2011.
Employers in England can set up an online account to manage their funds and invest in training for apprentices that are working for them. There are around 100 accounts being set up every day.