(7 years ago)
Commons ChamberAs the right hon. Gentleman will know, the UK is a significant shareholder in the European Investment Bank, as well as a significant beneficiary of its lending. As the Chancellor set out in his Mansion House speech, we will look at the opportunities for co-operation in this area when we come to the talks on the future relationship, but the UK will of course take whatever steps are necessary in the event that there is no deal. That is not our central scenario; we are working towards a constructive deal for both sides.
(7 years, 11 months ago)
Commons ChamberMy ministerial colleagues and I have met a number of higher education institutions and groups, including Universities UK, the royal academies, the Russell Group and the Universities of Swansea, Reading, Ulster and Strathclyde. The sector strongly supports our ambition to create an environment in which the UK as a whole can continue to be a world leader in research, science and the tertiary education sector.
I refer the hon. Gentleman to the answer that I have just given. I think we have been very clear that we want to continue to attract the top talent and that we want the UK to remain a leader in research, which means attracting people from the EU and from around the wider world.
The Erasmus exchange programme has enabled 200,000 UK students and 20,000 staff to spend time abroad. That enhances their employability, improves their knowledge and promotes understanding between cultures. What is the plan to ensure that that kind of valuable exchange can continue in future?
There is no change for those who are currently participating in, or about to start, Erasmus+. Erasmus+ offers a range of programmes to countries across Europe and beyond. Post-exit access to Erasmus+ will be a matter for the negotiations that will follow the triggering of article 50. The Erasmus+ programme has proved to be a valuable tool that helps organisations and citizens to achieve their potential through international education, training and collaborative opportunities. As part of our vision for the UK as a global nation, I am sure we will want to look at how such an approach can be perpetuated in the future.