Higher Education Regulatory Approach

Mark Sewards Excerpts

Wednesday 15th January 2025 Commons Chamber

[Madam Deputy Speaker]

I call Mark Sewards, a member of the Education Committee.

[Mr Mark Sewards (Leeds South West and Morley) (Lab)]

I welcome the Secretary of State’s statement. It is good to see that our universities will no longer be a battleground in which political parties seek to make headlines—unsuccessfully, I might add. Does she agree that now that she has taken decisive action on this issue, it is time to talk about the financial situation facing many of our universities, which threatens their very existence? We know that students are paying far more for far less at university, and we need to end that ridiculous cycle.

[Bridget Phillipson]

I agree with my hon. Friend that, across the board, there are big challenges in the university sector. That is why I took the difficult but necessary decision last year to increase the fees that they are able to charge. This year, we will engage in reform right across the sector to provide the long-term financial sustainability that is required. As my hon. Friend recognises, we on the Government Benches are clear that our universities are a central part of our local and regional economies, and a beacon of excellence around the world. That is why so many students from around the globe seek to come to our world-leading universities.