My Rt hon Friend the Chancellor of the Exchequer published the results of the Spending Review on 25th November. This is a good settlement for FE. Between 2010-11 and 2019-20 government will have doubled spending on apprenticeships in cash terms to £2.5 billion, including income from the new apprenticeship levy and protecting funding for the core adult skills participation budgets in cash terms, at £1.5 billion
The Government will make £362 million of savings and efficiencies from adult skills funding by 2019-20. We are prioritising funding for participation, with savings being made from supporting budgets. We are also restructuring the sector through locally-led Area Reviews to provide sustainable and high quality provision in the future.