HC Deb 17 February 1987 vol 110 c534W
Mr. Latham

asked the Paymaster General what is the current level of cash reserves of the Construction Industry Training Board; what was the amount of (a) levy collected and (b) grants paid out in the last financial year; and what are the equivalent projected figures for the current financial year.

Mr. Trippier

As at 31 March 1986 the level of cash reserves of the Construction Industry Training Board was £58.6 million. The projected level of cash reserves at 31 March 1987 is £65 million. The amount of levy collected in the 1985–86 financial year was £47.4 million and £30.6 million was paid out in grants (including industry support for YTS trainees). The projected figures for the current financial year are £50.9 million for levy and £40 million for grants.