Redundancy fund allocations announced

The regional allocations of a fund totalling more than £100 million to help colleges across the UK provide support for people who have lost their job or face redundancy have been confirmed by the Government.

The region to receive the biggest allocation under the Department for Work and Pensions' Response to Redundancy scheme - first announced last October - was the North-West, where 25 colleges will share £20 million in funding.

The full breakdown of regional allocations is as follows:

-       East of England received £7.6m

-       East Midlands £12.5m

-       Greater London £17m

-       North-East £7.6m

-       North-West £20m

-       South-East £7m

-       West Midlands £13m

-       Yorkshire & Humber £14.5m

-       South-West £11.5m

The cash will be used to pay for short courses to help people who have been made redundant, or who are facing redundancy, to update their skills.

Under the scheme, an estimated 70,000 people will be able to improve their skills or re-train for other types of work. It will include accredited training that will contribute towards recognised qualifications.

 

 


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