CITB still sitting on £95m cash pile

Construction training body CITB is still sitting on a £95.2m cash pile despite the industry’s ongoing skills crisis.
The £95.2m of cash in the bank is revealed in the CITB’s latest set of accounts for the year to March 31 2024 which were published recently.
The training body is funded mainly be levy income from contractors which hit £202m last year as the organisation handed back £128.6m in grants.CITB said its cash reserves were down from £102.7m last t