Lord Black of Brentwood
Main Page: Lord Black of Brentwood (Conservative - Life peer)The right reverend Prelate is absolutely right to point out the vital contribution made by smaller and specialist higher education providers; I know there are a number in his own diocese, as there are around the country. He is right too to point out the importance of encouraging people from all backgrounds to continue to go to university and to avail themselves of the benefits that it can bring. That is why I am pleased that higher education providers can draw on existing funding, which is worth around £23 million a month at the moment, to provide hardship funds and support for disadvantaged students who are particularly affected by Covid-19.
My Lords, I declare my interest as chairman of the Royal College of Music. Music conservatoires have been particularly seriously impacted by the emergency. As small institutions, they do not have the scale, financial headroom or borrowing capacity of the large universities, or significant research income, and are highly dependent on tuition fees, including from a high proportion of international students. As the future on that front is so uncertain, does my noble friend agree that there is an overwhelming case for a temporary increase in the specialist institutional funding which is essential to their sustainability? That would be a clear sign of the Government’s commitment to music and the wider creative economy.
My noble friend is absolutely right to draw your Lordships’ attention to the huge value of small and specialist providers such as music conservatoires, which have such benefits for society, our culture and indeed our economy. As chairman of the Royal College of Music, he is a redoubtable champion for such institutions. Like all higher education providers, these institutions are eligible for the business support schemes, like any other business. However, I hope I can reassure him that the Government are working closely with higher education providers of all shapes and sizes to make sure that things such as our visa regulations are as flexible as possible for international students in these unprecedented circumstances.