§ Mr. SheermanTo ask the Secretary of State for Work and Pensions what assessment he has made of the effect of the implementation of formula funding on the general level of funds available to training providers. [49958]
§ Mr. Nicholas BrownThe introduction of formula funding for new deal provision has not created an additional restriction on the overall level of funds available to individual training providers. Subject to their satisfactory performance, the majority of providers will receive levels of income similar to those they received 985W previously. However, successful providers can enhance their earning considerably by increasing the number of clients they help into sustained employment.