Oral Answers to Questions Debate

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Department: HM Treasury

Oral Answers to Questions

Lord Hanson of Flint Excerpts
Tuesday 21st December 2010

(14 years ago)

Commons Chamber
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John Bercow Portrait Mr Speaker
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Order. The Chancellor does not need to bear that in mind. He has explained his position very clearly, and we are grateful to him. I now call Tobias Ellwood, as his question is also in this group. He is not here. Oh, dear. I call Mr David Hanson.

Lord Hanson of Flint Portrait Mr David Hanson (Delyn) (Lab)
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Will the Chancellor confirm that in adopting his policy on tuition fees he has raised the Government borrowing requirement to £10.7 billion by 2015—a rise of £5.6 billion—in addition to cutting at least £800 million from the university budget and tripling fees, which will deter poorer students? Will he now for once confirm to the House that his choice on tuition fees is about ideology, not deficit reduction?

George Osborne Portrait Mr Osborne
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What we are doing is taking the report commissioned by the Labour Government and improving on it so that it is more progressive. [Interruption.] Yes, we are increasing borrowing to help students; that is part of what we are doing to fund our higher education institutions.

The truth is this, and the shadow Chancellor said it this month: it would

“be very difficult to make a graduate tax a workable proposition.”

That was the shadow Chancellor, who is now advocating as an official policy of the Labour party something that he says would be difficult to make a workable proposition. We have come forward with workable propositions on higher education, which the Opposition used to agree with when they were in government. They have now mistaken opportunism for opportunity.