To ask the Minister of State, Department for Business, Innovation and Skills what the cost to the public purse has been of the Investors in People scheme to date; and if he will make a statement. (304571)

Between 1995 and present, the total amount of funding given by Government to Investors in People UK for the development and delivery of the Investors in People standard is £65,585,404. Information on funding prior to 1995 could be obtained only at disproportionate cost.

To ask the Minister of State, Department for Business, Innovation and Skills what recent assessment he has made of the effects on the economy of the Investors in People scheme; and if he will make a statement. (304572)

The Department has made no direct assessment of the impact of the Investors in People Framework on the economy. However, IiP UK has itself regularly commissioned research into the benefits of IiP.

Details of recent research is available on the IiP UK website and a copy will be placed in the Libraries.