I thank the Minister for mentioning the technical colleges. Is he aware that only a fortnight ago the Royal Academy of Engineering said that our country will be short of 100,000 qualified engineers by 2020 and a million technicians? The only educational institutions in our country that are seeking to fill this gap are the university technology colleges, which I am glad to say have all-party support. They are employer-led, university-supported colleges for 14 to 18 year-olds. Will he do everything he can to ensure that we have more than the 33 that have been approved and the 20 that are applying? We need several hundred of these.
There is no doubt about it; the noble Lord is completely right. We are scratching at the surface. We will probably end up, with the current budget, with 30,000 people at the marvellous UTCs. It is a new project that the noble Lord is starting with great energy, if I may say so. It has full support from this House and, indeed, the Government.