Does the LSEB have spending powers?
The Board will set the framework for the allocation of the London Learning & Skills Council’s (LSC) adult skills budget which amounts to £635m for 2009-10. In addition the strategy will influence the spending and priorities of other key agencies (such as Job Centre Plus and LDA) – totalling over £2bn on adult skills in London. The board will also look to work with London employers who invest in skills.