The Chancellor has announced Government spending plans for the Department for Business, Innovation and Skills. The Further Education budget will be reduced by 25%, or £1.1billion, from £4.3 billion to £3.2 billion by 2014-15.
BIS will continue to support basic skills provision so that those left behind first time around can continue to gain basic numeracy and literacy skills. Adult and Community Learning will continue to be supported and the complexity and bureaucracy that hampers providers from responding to community needs will be reduced. To ensure that businesses have the highly skilled workforce needed to drive growth the Government will boost spending on adult apprenticeships by up to £250m by 2014-15, providing up to an additional 75,000 apprenticeship places by the end of the Spending Review period.
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