Investing in the right skills - Government publishes Skills Investment Strategy
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Issued 17 Nov 2009
The Government yesterday set out how it will invest in the skills critical to
the recovery and long-term success of the UK economy. The Skills Investment
Strategy 2010 -11 underpins the priorities announced in the recently published
national skills strategy, Skills for Growth.
Total Government investment in further education and skills for 2010-11 will
be £4.4 billion.
We plan to spend over £3.5 billion in
2010-11 on adult training places, an increase of nearly 3% compared with
2009-10. This will ensure that the Government is able to deliver on its plan
to increase Advanced Apprenticeships places to support the creation of a new
technician class central to our economic recovery and future growth, whilst
continuing to support those currently seeking sustained employment as part of
the Government’s Real Help Now initiative.
This allocation builds on record Government investment in post-16 further
education, which has increased by 53% in real terms since 1997.
The investment strategy sets out how to meet the challenges the skills
system faces to train people with the higher technical skills required for the
key sectors that underwrite our economic growth, which requires a smarter
focussing of resources. Following widespread consultation with the sector, the
strategy also reflects the changes required to achieve the £340m of efficiency
savings announced as part of the 2009 budget.
Skills Minister Kevin Brennan said:
“Skills training is an investment in an individual and their ability to get
on in life, an investment in the productivity of our companies and in our
future economic growth. We need to invest in the right training, to encourage
more employers and individuals to buy into skills and to ensure a more
productive use of skills across the UK economy.”
This Investment Strategy focuses public investment on high quality
provision and on maximising the contribution from employers towards training.
It is these employers who will be the main beneficiaries of our skills system.
Increased autonomy will be given to outstanding colleges and training
organisations, allowing them greater freedoms across their total budget.
- Total Government investment in further education and skills will be £4.4
billion in 2010-11
- Direct investment in training places through the Skills Funding Agency
for 2010-11 will be £3.5 billion, an increase of nearly 3% compared with
2009-10. This will support over 3.4 million adult learners.
- The Adult Learner Responsive budget will be over £1.75 billion in
2010-11. This will support a wide range of activity including training
packages to provide work-focussed training for around 75,000 adults out of
work in receipt of benefits for 6 months or longer, and up to 80,000 young
people aged 18-24 as part of the Young Person’s Guarantee.
- The adult Apprenticeship budget will be £400 million in 2010-11,
supporting a total of 167,000 starts. This includes an additional 20,000
Advanced Apprenticeship places in 2010/11 academic year for those aged 19 to
- The Train to Gain budget will increase to nearly £1billion to support
nearly 1.3 million adult learner places in the 2010/11 academic year.
1. The Skills Investment Strategy can be found at
2. Last year’s LSC grant letter and Government Investment Strategy
2009-10 can be found at
3. Total Government investment in adult further education and skills
through the Skills Funding Agency and department-held budgets for 2010-11 will
be £4.4 billion. In addition, capital investment in FE and Skills will be
£540m in 2010-11.
4. £340 million of efficiency savings were agreed as part of the 2009
budget. This was communicated publicly to the Learning and Skills Council by
John Denham in May 2009 and includes £100 million savings from bodies
other than the Skills Funding Agency.
5. For further information, please call the BIS press office on 020 7215
Department for Business, Innovation & Skills
The Department for Business, Innovation and Skills (BIS) is building a
dynamic and competitive UK economy by: creating the conditions for business
success; promoting innovation, enterprise and science; and giving everyone the
skills and opportunities to succeed. To achieve this it will foster
world-class universities and promote an open global economy. BIS - Investing
in our future.
About the Author
© Crown Copyright. Material taken from the Department for Business,
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Article Published/Sorted/Amended on Scopulus 2009-11-17 15:02:50 in Employee Articles