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In the news · 3 September 2019 · Ed Exec
Association of Colleges gives cautious welcome to chancellor’s FE funding boost.
The chancellor has revealed that 16-19 education will receive a funding boost of £400m
The government has announced a £400m funding increase for higher (16-19) education.
The chancellor, Sajid Javid, announced the additional funding at the weekend as part of his spending review.
He said that the money would kick in for the 2020-21 academic year, and support the introduction of T-levels.
Writing in The Guardian, Javid vowed to treat colleges “with the seriousness they deserve”.
Lawrence Barton, MD of GB Training, responded to this news with criticism regarding the way the government manages money:
There’s a certain irony that the day after the government announces the appointment of a new finance Tsar to review the way the Department for Education monitors college financial management, it announces plans for a multi-million-pound funding boost for further education colleges.” Lawrence Barton
