The former head of funding policy at the Learning and Skills Council (LSC) has been temporarily contracted to the Skills Funding Agency.

John Bolt, who led the development of the current funding methodologies before leaving the Council, has been seconded to the Agency (which replaced the LSC in April 2010) by his current employer KPMG, where he is a specialist in advisory services to education.

During the role, which is believed to be a short-term contract, Mr Bolt will work on upcoming new funding rates and simplifying the system.

A statement released to FE Week today by the Agency read: “John Bolt is being seconded to the Agency by KPMG, to support the development of funding rates, which forms part of the work we are doing to simplify the funding system.”