§ Mr. ByersTo ask the Secretary of State for Education and Employment what surplus or loss each training and enterprise council made in 1994–95 on their turnover. [3702]
§ Mr. PaiceI refer my hon. Friend to the answer I gave to the hon. Member for Darlington (Mr. Milburn) on 15 June 1995,Official Report, column 655. This shows the surpluses or losses for each of the training and enterprise councils in England. The information has been extracted from TECs' statutory accounts for 1993–94. Information for 1994–95 will be available at 31 January 1996 by which date all TECs are required to have lodged their accounts.
§ Mr. ByersTo ask the Secretary of State for Education and Employment what is the total amount available in 1995–96 to TECs by way of performance-related funding; and what was the performance-related funding target for small firm training loans to have been awarded in respect of each TEC. [3704]
§ Mr. PaiceThe total amount of funding for the 1995–96 performance-related funding competition for TECs has yet to be determined, but is customarily 2 per cent. of eligible programme budgets for the following year. The 1994–95 competition resulted in awards totalling nearly £20 million. Targets for small firms training loans of some 1,300 were planned as a component of the 1995–96 competition, but following representation from the TEC national council that the targets were unrealistic I have agreed to withdraw this element of the competition, if all TECs in a region agree.