Skills White Paper

Part of the debate – in the House of Commons at 12:33 pm on 22nd March 2005.

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Photo of Ruth Kelly Ruth Kelly Secretary of State, Department for Education and Skills 12:33 pm, 22nd March 2005

I think that my hon. Friend is referring to the funding gap in the unit funding costs for young people in FE colleges. That gap has narrowed for colleges that have delivered on their targets, from about 10 per cent. a few years ago to about 7 per cent. today. The £1.5 billion investment is part of an investment radically to transform the infrastructure of FE colleges and to build colleges for the future, so that they will have the first-rate, world-class equipment that they need to train young people and adults. The £350 million that was identified in the Budget represents the first step in a long-term process to renovate the entire sector.