[Gerainia]

Well basically, companies often hold their own training courses, don't they? But they're only usually allowed to award their own qualifications. Now those three corporations have awarding body status. So a well skilled, experienced and trained fast-food manager can be awarded a diploma (level 2). And Network Rail can award PhD's to their master engineeers.

If it can be explained better:
http://www.timesonline.co.uk/tol/life_and_...icle3261485.ece

Edit: Wow! I knew about the degrees, but the GCSE's and A-Levels! That's shocking.

Tell me if you don't understand something.