BUSINESS

'Turbo charged' skills levy needed to boost economies

Cross-party mayoral candidates this week called for a £5.1bn skills levy on businesses to ‘turbo charge’ areas such as the Northern Powerhouse.

Cross-party mayoral candidates this week called for a £5.1bn skills levy on businesses to ‘turbo charge' areas such as the Northern Powerhouse.

A report by the IPPR think-tank called for the charge to be levied at 1% of payroll for the largest employers.

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