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HR departments are wasting 40 per cent of their training budgets on travel costs.
A survey of 4,000 companies by IT services firm Parity, claims that more than £160m is wasted by UK firms each year due to a lack of regional training centres and a preference of training staff in London.
The research urges HR departments to invest in regional training centres and online training facilities instead.
"At a time when purse strings are tightening, UK businesses are becoming increasingly frustrated that significant proportions of their training budgets are being spent on associated expenditure such as travel," said Barbara Greenway, managing director at Parity.
"A lot of these budgets are soaked up by unnecessary costs because companies do not realise they can use regional training centres. The purpose of such training centres is to save companies and individuals time, money and inconvenience, and to meet needs local business needs."
