Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Innovation and Skills, what the estimated (a) cost of establishing and (b) annual running cost of the Institute of Apprenticeships is; whether his Department has made an assessment of the effects of funding that institute on his Department's annual programme budget; and if he will make a statement.

The final size and structure of the Institute for Apprenticeships will be determined by the shadow chair and CEO later in the spring and this will then determine its final running cost. The body will be funded by Government using public funds, as the rest of the governance system is, and it is expected that some funding will be freed up from savings across the Department.