Ufi Ltd
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| Limited company | |
| Industry | Education |
| Founded | 2000 |
| Headquarters | Dearing House, 1 Young Street, Sheffield S1 4UP |
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Area served
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| Products | Training courses |
| Owner | Lloyds Development Capital |
| Website | www |
learndirect is a private company owned by the private equity firm Lloyds Development Capital (LDC). learndirect was formerly owned by the Ufi Charitable Trust, a not-for-profit organisation which sold learndirect and its parent Ufi Limited to LDC in 2011. Ufi was created in 1998 to take forward HM Government's stated vision of a University for Industry in England, Wales and Northern Ireland, and launched learndirect in 2000. learndirect Scotland was the public-facing brand of the Scottish University for Industry (SUfI), but has since become part of Skills Development Scotland as "My World of Work". learndirect still operates in Scotland, and has offices in Glasgow.
Learndirect has a network of learning centres in England and Wales, and also run some courses online. Since the establishment of learndirect, more than 3.5 million learners have enrolled in courses. In 2004, an average of 65% of students completed their courses but this figure had improved to 92% by 2009. Learndirect participated as a "provider" in the UK government's mandatory unpaid work experience programme (commonly known as workfare, described by learndirect and DWP as "Mandatory Work Activity") for those on Jobseeker's Allowance.
The House of Commons Committee of Public Accounts undertook a review of the programme in 2005-2006; it found that the programme had received a total of £930 million in public funding, and was critical of the poor involvement of businesses, the high cost of marketing, and the low number of learners recorded as meeting their training objectives.
In recent years, the number of individual learndirect centres has been in decline, though there have been significant improvements in the numbers of learners meeting their learning aims and learner feedback to Ufi Ltd currently stands at over 90% nationally. Ufi announced in late 2009 that it would be unable to sustain the large network of centres due to proposed budget cuts. An agreement was subsequently reached with the newly established Skills Funding Agency, allowing for a smaller network of centres, with the closure of some between July and August 2010.
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Wikipedia