At Lloyds Banking Group, we have offered apprenticeship programmes since 2012. Right now, we have almost 1500 people participating in over 30 apprenticeships. Altogether we’ve supported over 10,000 apprentices across the whole of the UK.
We see apprenticeships as a great way to support colleagues in developing their expertise, knowledge, skills and behaviours, both now and for the future. As well as helping individual colleagues explore their potential, morale is raised, business productivity and customer experience are enhanced and our employee base becomes more diverse.
As part of our purpose – to Help Britain Prosper – we have been leading the way in supporting smaller businesses by transferring over £9million of our unspent Apprenticeship Levy to help them to recruit and train apprentices. After all, our success is interwoven with the UK’s prosperity. Working through the pandemic has been a challenge and this is a powerful way for us to resolve industry skills shortfalls in digital, advanced construction and manufacturing. So far, we have supported nearly 400 businesses and 730 of their apprentices – an ‘extended family’ of apprentices that we’re proud to support.