Student Loan Book: Sale

Debate between Sam Gyimah and Chi Onwurah

Thursday 11th October 2018 Commons Chamber

[Mr Gyimah]

The loans we currently have are income contingent and are collected through the tax system, so even when the loans are sold off, the new owner of the loans has no means or mechanism to contact the students or chase them for payment.

[Chi Onwurah (Newcastle upon Tyne Central) (Lab)]

The Minister seems to be saying that he is selling off the student loan book to invest in the public services that his Government have slashed. Given that it is the end of austerity, should it not be possible to invest in those public services without privatising the financing of our higher education and the debt of so many students?

[Mr Gyimah]

All the Government are doing is trying to capture an income stream that we will get over 25 to 30 years. This is money due to the Government and the Government are coming to a financial arrangement that allows the money to be captured today. As the last Labour Government saw fit, so this Government see fit, in a sensible and prudent way, to manage the Government finances.

Space Policy

Debate between Sam Gyimah and Chi Onwurah

Wednesday 18th July 2018 Commons Chamber

[Chi Onwurah (Newcastle upon Tyne Central) (Lab)]

I thank the Minister for advance sight of the statement.

We welcome this investment in the UK space sector. The global space economy, currently valued at about £160 billion, is estimated to be worth £400 billion by 2030. The UK should be leading the way. But why has it taken the Minister so long to come to the House with an announcement that was briefed to the papers three days ago? I hope he does not see the sector as merely a means to positive headlines for a beleaguered Government.

I have characterised Government policy in this area as “lost in space”. While this announcement is a step forward, it certainly does not mean it’s coming home. The Minister is right to talk about the inspirational nature of space and its down to earth economic benefits. At this morning’s Foundation for Science and Technology roundtable, which I attended, NASA’s chief technologist was able to set out the spin-offs from its programme. I look forward to a UK Minister being able to do the same. However, while the Government’s industrial strategy promised £1 billion in space technology investment over four years, this week’s announcement amounts to much less than that. So I ask the Minister: when will the Government announce the release of further funds for space? Will that be impacted by the £5 billion cost of his Galileo replacement? When will the space sector deal be published?

The thriving industry that we all want to see requires a strong regulatory framework and engagement with industry, yet the Space Industry Act 2018, passed earlier this year, is but a skeleton. When will the secondary legislation be in place to provide the regulatory certainty the industry needs? In addition, drones can affect the launch of spacecraft, but they are not covered under the Act. When will the Government bring forward the promised legislation to deal with them?

As Lord Heseltine made clear in his response to the Government’s industrial strategy, the European Space Agency is a great example of proactive industrial intervention by British Government at European level. This Government could learn a lot. Four fifths of Government investment in space is made through the agency, but the Government’s chaotic Brexit is endangering public and private investment, with Airbus announcing in April that it would relocate work on a €200 million ESA contract from Portsmouth to the continent. What steps is the Minister taking to ensure the UK continues to play a leading role in the ESA post Brexit? How will we maintain space sector supply chains, and the exchange of space scientists and engineers on which they depend?

The proposed Sutherland spaceport will be the northernmost operational spaceport in the world. As a Newcastle MP, I am all for going north. However, spaceports are overwhelmingly sited near the equator where the Earth’s rotational speed is highest, allowing rockets to harness an additional natural boost. Does funding take into account the potential extra costs associated, and what factors were taken into consideration when choosing the location far from the equator, although close to Tory marginals?

As the Minister said, the entire country should benefit from the amazing opportunities posed by space. What steps are the Government taking to ensure the fair regional distribution of space sector supply chains, creating good jobs across the country and ensuring that those jobs should be open to all in a diverse and inclusive space sector?

[Mr Gyimah]

I thank the Opposition spokesperson for recognising and welcoming the good news this week.

The announcement was made at Farnborough, but my statement demonstrates that there is far more going on in the Government’s space policy than that specific announcement: deeper collaboration with NASA in the US; collaboration with the European Space Agency; investment in our capacity at Harwell; and a space sector deal. So this statement goes far beyond what was announced at Farnborough earlier this week, and it is all good news that I think the House will welcome and, hopefully, celebrate.

On the European Space Agency and our role in Europe, the hon. Lady will know that the ESA is not an EU institution; it is independent of the EU and we are, and will continue to be, a leading member. We see the ESA as key to our strategy for international collaboration—and it is worth recognising that the fact it has “European” in its name does not make it an EU institution, as was suggested.

All the announcements made today are in addition to what we will do with regard to Galileo. We have made it clear in our EU negotiations that our first preference would be to continue to participate in all elements of the Galileo system; that would include the security and sensitive parts of the system, but it should also include UK industry’s being able to participate in it. Were that not forthcoming, we have the option of building our own satellite system. The UK is a proud and independent country, and as a lot of the know-how and skills for the Galileo system is from UK-based companies, I am confident that we could build our own. To that end, the Prime Minister has set up a taskforce to look at the feasibility of doing so, and once that information is available it will be made public to the House and more widely.

On why the first space launch in the UK will be in Scotland and not near the equator, I can reassure Members that equator launches tend to be large satellites to geostationary orbit, but the growth we are talking about here is in small satellites and these tend to be polar. That is why we are ideally located as a country to take advantage of that emerging technology.

This is a huge opportunity for this country, and we are determined that all of the UK should benefit. Not only Scotland, but Cornwall and Snowdonia have the potential to benefit, and the announcements this week will allow market development in all of these areas. The private sector will of course ultimately carry this forward, and there is nothing to stop local authorities working with the private sector to capture the benefits of this huge development for our economy.

Oral Answers to Questions

Debate between Sam Gyimah and Chi Onwurah

Tuesday 12th June 2018 Commons Chamber

[Mr Gyimah]

It is for the Scottish Government to make their own budget representations, but as we have always said, we are committed to the roll-out of superfast broadband across the UK. Some 95% of the country has superfast broadband, thanks to the work of this Government.

[Chi Onwurah (Newcastle upon Tyne Central) (Lab)]

Science is a great British success story, supporting jobs and growth across the country. With Europe’s funding for UK science down a fifth, more than 6,000 engineers and scientists denied visas in this year alone and universities reporting that Brexit chaos is freezing them out of Europe’s new £90 billion science fund, UK science risks crashing down to earth. Does the Minister accept that his threat to spend the entire UK science budget on duplicating Galileo because the Government have bungled negotiations on this £9 billion UK-EU collaboration is final proof that his science strategy is lost in space?

[Mr Gyimah]

As I said, we have the biggest increase in science and innovation in this country for 40 years. As for the UK-EU science collaboration, the EU Commissioner himself said:

“It is very important for the UK and it is very important for the EU to have a relationship in science and innovation. We’ve had this relationship for so long”.

On Galileo, negotiations are under way and we have made it very clear not only that it benefits the UK but that EU member states stand to lose skills and other important issues without the UK’s involvement.

Oral Answers to Questions

Debate between Sam Gyimah and Chi Onwurah

Tuesday 5th December 2017 Commons Chamber

[The Parliamentary Under-Secretary of State for Justice (Mr Sam Gyimah)]

My pleasure. The Farmer review is absolutely key to highlighting the importance of family connections in not only preventing self-harm in prisons but turning around lives. We have accepted all its recommendations and are going through the process of implementing them. I would be happy to update my hon. Friend personally.

[Chi Onwurah (Newcastle upon Tyne Central) (Lab)]

T10. You will know, Mr Speaker, that girls and vulnerable women were subject to horrendous abuse and rape by a sexual exploitation gang in Newcastle. Some of the perpetrators were recently convicted as part of Operation Sanctuary, but there are victims who feel that they have not had justice. I know of at least one who has been denied compensation for horrific abuse, because of time spent in juvenile detention as a consequence of that abuse. Does the Minister think that is just? If not, will he amend the criminal injuries compensation scheme to ensure justice?