We have increased public investment in further education by 48 per cent. in real terms between 1997 and 2005. Adult education funding will increase by 7 per cent. between 2005-06 and 2007-08, with funding for young people increasing by 13 per cent. over the same period. This means that overall in 2007-08, through the Learning and Skills Council (LSC) we will invest £11.2 billion, an increase of £716 million compared with 2006-07.
On the basis of information provided by the LSC, and taken from the colleges' own audited financial accounts, the gross income in 2005/06 for each further education college in England is shown in the table at Annex 1 which has been placed in the House Library.