§ Mr. BercowTo ask the Secretary of State for Education and Skills what the administration costs of Investors in People were in 2000–01; and what she expects them to be in 2001–02. [21301]
§ John HealeyIn this financial year, Investors in People UK will receive grant in aid of £1.617 million. Up to 75 per cent. of this is used for running costs—e.g. staff/premises costs; the remainder is used to fund the development of the standard. In addition to this, the company has also received additional funding of £1.6 million from the Department for marketing purposes. Last year, IiP UK generated additional income of £3.7 million from their own operations, which was used to carry out development, quality assurance, and advice and guidance.