Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Daniel Zeichner Excerpts
Wednesday 9th December 2015

(9 years ago)

Commons Chamber
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George Osborne Portrait Mr Osborne
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First, everyone here would pay tribute to the people of Carlisle, the extraordinary resilience they have shown and the acts of friendship that neighbours have shown to those affected by the terrible floods. Before the Prime Minister left for central Europe this morning, he asked me to make sure we would be able to help on the specific point my hon. Friend raises, and did raise with the Prime Minister, and I can say that we will support the work the Cumbria Community Foundation does and we will match, by up to £1 million, the money it is raising for its local flood appeal.

Daniel Zeichner Portrait Daniel Zeichner (Cambridge) (Lab)
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Q9. When the Chancellor tripled student tuition fees, he set the repayment threshold at £21,000. He has now frozen the threshold, and the Institute for Fiscal Studies tells us that many students will bear many extra thousands of pounds in repayments. Given that he has broken his promise, will he send students an apology or just the bill?

George Osborne Portrait Mr Osborne
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There seems to be collective amnesia among Labour Members: they introduced tuition fees and the payment threshold was £15,000. We have increased it to £21,000, which enables us to fund the lifting of the cap and more people who are qualified to go to university. I would have thought, and I would have hoped, that on this day the hon. Gentleman welcomed the big investment we are making in Cambridge, not least with the renovation of the famous Cavendish laboratory.