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Learning And Skills Council News

17 Jun 2002

Shipping Training Gets U.K. Government Boost

ITS Training Services is one of the five training centers in the U.K. to receive a Center of Vocational Excellence award. The award, worth $443,334, was issued by the Learning and Skills Council, the government body responsible for all post-16 education in England. consultancy in the fields of shipping and international trade and provides funding for the further development of learning packages. Commenting on the achievement, John Edson, managing director of ITS Training Services, says, "Our aim is to provide high quality training and help those already working in the industry to develop their skills. The Center of Vocational Excellence (CoVE) award will provide ITS Training Services with over $443,334 to help fund capital improvements and develop new learning packages.

07 Feb 2006

VT Group Buys Training Firm

Shipbuilding and support services supplier VT Group PLC bought training company Touchstone Learning and Skills Ltd for $20.9 million. VT acquired the work-based training provider, which specializes in the retail sector, from Martin Loftus and Touchstone Property Management Ltd. Southampton-based VT is paying $1.3 million in cash on completion and $19.6 in loan notes. Touchstone has annual profits of more than $1.7 million, operates primarily through UK government-funded contracts with the Learning and Skills Council (LSC) and has offices in several locations across England. VT, which already works in the hospitality, leisure, engineering and care sectors, said the acquisition would allow it to move into the retail market. (Source: Forbes)