British publisher Pearson Plc (PSON.L) said it intends to exit its UK adult training business, Pearson in Practice, and is therefore entering into a consultation period with Pearson in Practice staff. In October 2012, Pearson had initiated a comprehensive review of Pearson in Practice in response to a radically changing trading environment.
Pearson in Practice, which was built around Pearson's 2010 acquisition of Melorio plc, provides high-quality, industry-specific training and qualifications through apprenticeships, work-based, technical and specialised training programmes.
Therefore, Pearson is working with the Skills Funding Agency to ensure that learners continue to be supported through other skills and workplace training providers, and Pearson's other work based learning programmes. Also, Pearson would have talks with Further Education colleges and other providers on the transfer of learners and apprentices, to ensure that they can complete their programmes with a minimum of disruption.
The company said it would continue providing training and support for young adults who intend to develop skills and enter the UK workforce via its qualifications and curriculum businesses, particularly Pearson Work Based Learning. The cost of closure and impairment is likely to be nearly 120 million pounds and would get reflected as a loss on sale in Pearson's 2012 statutory accounts.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.