As set out in the Government grant letter to the Learning and Skills Council (18 November 2008), overall investment through the LSC for the education and training of young people and adults is planned to increase from £11.6 billion in 2008-09 to over £12.1 billion in 2009-10. This will be focused on boosting greater participation in education and training, so more young people and adults are best placed to get and keep secure careers; and empowering colleges to work more closely with businesses with urgent training needs.
We will continue to increase investment for vocational training including: £925 million in 2009-10 through the Train to Gain programme which we are committed to expanding and improving so that to respond flexibly to employer demand; and over £1 billion in 2009-10 for apprenticeships for young people and adults.
As set out in the LSC Grant Letter/Statement of Priorities, from 2009-10, the LSC will operate a principle of having only one relationship with each FE college/provider, moving towards a position where they have only one funding contract. This means that FE colleges/providers operating in different regions will no longer have to agree multiple funding contracts.