§ Lord Haskel
asked Her Majesty's Government:
Whether they will announce the outcome of the Quinquennial Review of Investors in People UK. [HL2975]
§ The Minister of State, Department for Education and Employment (Baroness Blackstone)
Against the background of the established practice of carrying out quinquennial policy and financial reviews of non-departmental public bodies, the department conducted a thorough review of Investors in People UK during 1998.
The first stage was a policy review of whether the functions were still needed, also what framework was most efficient to deliver them. It was concluded that Investors in People UK should continue to carry out the functions within an NDPB framework.
Stage 2 consisted of a financial management survey of the organisation. The financial management survey, carried out for the department by external consultants Pannell Kerr Forster, concluded that the company achieves value for money in grant-in-aid terms and has achieved excellent performance against its objectives.
The combined quinquennial review is published today and a copy is being placed in the Library. Further copies can be obtained on request from: Jane Binney, Department for Education and Employment, Workplace Learning Division, Area E8b, Moorfoot, Sheffield S14PQ (telephone number 0114 259 4232).