Oral Answers to Questions

Simon Hughes Excerpts
Thursday 20th December 2012

(11 years, 6 months ago)

Commons Chamber
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Vince Cable Portrait Vince Cable
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There is certainly no complacency. We recognise that there is a very serious problem that ultimately resulted from the collapse of the banks in 2008-09, which has had devastating long-term consequences, and we are seeking to address that with a variety of interventions. There are positive things, including the emergence of challenger banks. When the advisory group meets early in the new year we will set out a detailed plan of action, including dates and objectives. I am happy to brief Labour Members when we have concrete detail.

Simon Hughes Portrait Simon Hughes (Bermondsey and Old Southwark) (LD)
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6. What steps his Department is taking to ensure that further education colleges provide a modern learning environment.

Duncan Hames Portrait Duncan Hames (Chippenham) (LD)
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10. What steps his Department is taking to ensure that further education colleges provide a modern learning environment.

Matt Hancock Portrait The Parliamentary Under-Secretary of State for Skills (Matthew Hancock)
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The autumn statement released £270 million more in funding to upgrade further education colleges, and I can today announce that details of the college capital fund are being published by the Skills Funding Agency. These new funds take to over £1 billion investment in college capital in this Parliament, because the Government believe in helping everybody to reach their potential.

Simon Hughes Portrait Simon Hughes
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The Government’s commitment to further education is very clear and very welcome. Ministers’ commitment to making sure that the merged Southwark and Lewisham college in my constituency is a success is particularly welcome. Given that we have now heard that the college intends to keep a major presence on the Bermondsey and Waterloo sites, may I encourage Ministers to continue to support the progress of developing a major educational campus, ideally including the university technical college and the secondary school, on the Bermondsey site?

Matt Hancock Portrait Matthew Hancock
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The right hon. Gentleman and I had an extremely productive meeting with stakeholders on the future of Lewisham college, which is soon, as he says, to change its name, and I hope that a resolution can be brought that satisfies all parties.