Question

To ask the Secretary of State for Business, Innovation and Skills, what the budget is for the Skills Funding Agency for the next five years; if he will conduct a review into the level of funding of the Skills Funding Agency for each of those years; and if he will make a statement.

A budget of £3.91 billion was set for the 2015-16 financial year to fund adult Further Education and Skills. This was published in the Skills Funding Letter in February 2015 although the figure will be subject to revision in the budget.

All spending decisions for 2016-17 and beyond will be taken as part of the Spending Review, the timetable for which is yet to be finalised.