Peter Aldous raises concerns about the acute skills shortages in key sectors of the economy and that the Government has acknowledged the need for significant expansion of further education capacity; he asks what the Department for Education is doing to meet that challenge.
Further Education: Revenue Funding
Peter Aldous (Waveney) (Con)
5. Whether her Department plans to increase revenue funding for further education. (903052)
The Minister of State, Department for Education (Robert Halfon)
We are transforming people’s life chances by enabling them to climb the education and skills ladder of opportunity. On 9 January, we announced that in financial year 2023-24 we will increase funding rates to invest a further £125 million in 16-to-19 education. Some £18.5 million has been invested in 16-to-19 education in institutions that cover the Waveney constituency.
Peter Aldous
I am most grateful to my right hon. Friend for that answer. Taking into account both the urgent need to address acute skills shortages in key sectors of the economy and the fact that participation in adult education fell from 4.4 million in 2003-04 to 1.5 million in 2019-20, it is vital that further education capacity is significantly expanded. My right hon. Friend the Chancellor highlighted the importance of investment in skills in his autumn statement. I would be grateful if my right hon. Friend the Minister could set out the work that has been done to meet that challenge ahead of the spring statement.
Robert Halfon
My hon. Friend is an FE champion; I welcome his question. He will be pleased to know that we are investing in resources, increasing skills funding by £3.8 billion over the Parliament, investing in quality qualifications such as T-levels, higher technical qualifications, free level 3 courses, bootcamps and apprenticeships. We are also investing in infrastructure, rolling out 21 institutes of technology, spending £290 million.