(9 years, 7 months ago)
Commons ChamberI actually remain as our economics spokesman, but that is a minor internal matter.
I think that most Conservative Members fully support British membership of the EU; they might wish to see it reformed, as I think we all do, but membership is fundamental. It is difficult to imagine that Britain could independently negotiate trade agreements with the US, India and other countries with the same authority as the EU.
T8. In the Government’s opinion, at what level of RAB—resource accounting and budgeting—charge does the student loan system become unsustainable?
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That is why I have stressed—it is fair to say that the Opposition spokesman has also stressed it—that we must not approach this matter in a nationalistic way, let alone in an anti-American way. One of the most difficult tasks I have undertaken in this Government was talking to General Motors to try to persuade it to invest heavily in the British car industry. We have no wish whatever to compromise our reputation for being open to good foreign investors.
The Secretary of State may not have concerns about the impact of the proposed takeover on Britain’s science base, but many others do, including the chancellor of Cambridge university, Lord Sainsbury, and some prominent AstraZeneca investors. Will the Secretary of State say a bit more about why he does not agree with them?
I do not know the basis on which the hon. Lady invented that question. From the outset of my statement and in all my subsequent comments, I have made it very clear that the interests of British science—R and D and the jobs associated with it—are absolutely at the centre of our concerns. As it happens, I have spoken to Lord Sainsbury, and I am aware of his concerns. I have spoken to other leading members of the scientific community—we are also aware of their concerns—and they acknowledge that we are working as best we can within the constraints we have to secure a good outcome for British science.
(13 years, 8 months ago)
Commons ChamberNo, I will not take any more interventions.
The right hon. Gentleman and his hon. Friends commissioned the Browne report knowing perfectly well that what would follow from it was a recommendation significantly to increase the cap level for universities. That is what they were committed to, and that is what they would have done. We know, because of the financial position of the country and the commitments made by the former Chancellor and by my predecessor, that there would have been deep cuts in this Department resulting in a very substantial reduction in the support for universities, the consequences of which were inevitable.
It is sheer dishonesty and opportunism—[Interruption.] It is dishonest and opportunistic for the right hon. Gentleman and his colleagues to pretend that they would have done anything other than introduce recommendations to increase the graduate contribution, but with one significant difference from what we have done, because it never occurred to them that the graduate contribution should be made significantly more progressive. That is what we have done, and that is the proposition that I will be putting to the vote before Christmas.