Budget and Spending Review: FE & Skills Overview and Comment

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This article provides a useful overview of what the Budget and Spending Review announced which affects the FE and skills sector. The Chancellor announced an increase in apprenticeship funding, further funding for T Levels, skills capital investment and further funding to aid education recovery. Further comments regarding skills investment in the Budget and Spending review are available in this article, which highlights the Institute of Fiscal Studies analysis, which states that “Spending per student in FE and sixth form colleges will remain well below 2010 levels”. This article highlights questions from organisations including the CIPD and the Recruitment and Employment Confederation on the skills spending aspect of the Chancellor’s budget. This article focuses on the T Level funding increase.