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61360
registered interest false more like this
date less than 2014-06-11more like thismore than 2014-06-11
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Disabled Students' Allowances: Birmingham more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, how many people in Birmingham Northfield constituency qualify for the disabled students' allowance (DSA); and how many such people will be negatively affected by proposed changes to DSA. more like this
tabling member constituency Birmingham, Northfield more like this
tabling member printed
Richard Burden more like this
uin 200253 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-06-18more like thismore than 2014-06-18
answer text <p> </p><p>Information on students awarded and paid Disabled Students' Allowance is published annually by Student Loans Company (SLC) in the Statistical First Release ‘<em>Student Support for Higher Education England</em>'. The latest statistics are available at the following link:</p><p> </p><p><a href="http://www.slc.co.uk/media/694170/slcsfr052013.pdf" target="_blank">http://www.slc.co.uk/media/694170/slcsfr052013.pdf</a></p><p> </p><p> </p><p> </p><p>A further breakdown for Birmingham Northfield constituency has been provided in the table for the academic year 2012/13. Equivalent figures for the academic year 2013/14 will be available from November 2014.</p><p> </p><p> </p><p> </p><p>Current DSA recipients and disabled students applying for DSAs in 2014/15 will not be affected by these changes in 2015/16.</p><p> </p><p> </p><p> </p><p>We are currently consulting with a wide range of stakeholders and are working through the detail of how the changes will work in practice, including the number of students affected.</p><p> </p><p> </p><p> </p><p><strong>Students in receipt of Disabled Students Allowance<sup>[1]</sup> from Birmingham, Northfield constituency</strong></p><p> </p><p>Academic Year 2012/13</p><p> </p><p>Effective date: 13/11/2013</p><p> </p><table><tbody><tr><td> </td><td colspan="4"><p>Application Type</p></td></tr><tr><td> </td><td><p>Full-Time Application</p></td><td><p>Part-Time Application</p></td><td><p>Post Graduate DSA</p></td><td><p>Total</p></td></tr><tr><td><p>(Area)</p></td><td><p>No of Applicants Paid</p></td><td><p>No of Applicants Paid</p></td><td><p>No of Applicants Paid</p></td><td><p>No of Applicants Paid</p></td></tr><tr><td><p>Birmingham Northfield Constituency<sup>[2]</sup></p></td><td><p>110</p></td><td><p>10</p></td><td><p>10</p></td><td><p>120</p></td></tr></tbody></table><p> </p><p> </p><p> </p><p>Notes:</p><p> </p><p>[1] Disabled Student Allowance may be paid to the Student or to a Supplier on the student's behalf.</p><p> </p><p>[2] Figures are derived from the Post Code of the applicant's home address.</p><p> </p><p>[3] The effective date is that of the November 2013 Awards Statistical First Release. The figures are therefore provisional and do not include students who were awarded DSA after November 2013.</p><p> </p><p>[4] DSA Payments may be made at any point during the Academic Year or after the end of the Academic Year.</p><p> </p><p>[5] Numbers are rounded to the nearest 10. Totals do not add to the sum of the components due to rounding.</p><p> </p>
answering member constituency Havant remove filter
answering member printed Mr David Willetts more like this
question first answered
less than 2014-06-18T15:38:40.4117907Zmore like thismore than 2014-06-18T15:38:40.4117907Z
answering member
53
label Biography information for Lord Willetts more like this
tabling member
301
label Biography information for Richard Burden more like this
61386
registered interest false more like this
date less than 2014-06-11more like thismore than 2014-06-11
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Disabled Students' Allowances more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, with reference to his Written Statement of 7 April 2014, Official Report, column 1WS on higher education, what public consultation he has undertaken on the proposed changes to disabled students' allowance. more like this
tabling member constituency Middlesbrough South and East Cleveland more like this
tabling member printed
Tom Blenkinsop more like this
uin 200271 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-06-18more like thismore than 2014-06-18
answer text <p> </p><p>We are currently consulting with a wide range of stakeholders to help inform both the Equality Analysis and Disabled Students' Allowances Guidance for 2015/16.</p><p> </p> more like this
answering member constituency Havant remove filter
answering member printed Mr David Willetts more like this
question first answered
less than 2014-06-18T15:41:43.2719943Zmore like thismore than 2014-06-18T15:41:43.2719943Z
answering member
53
label Biography information for Lord Willetts more like this
tabling member
4037
label Biography information for Tom Blenkinsop more like this
61401
registered interest false more like this
date less than 2014-06-11more like thismore than 2014-06-11
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Students: Loans more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, what recent estimate he has made of the cash value of the student loan book in each year to 2050 (a) before and (b) after sales of student loans. more like this
tabling member constituency Birmingham, Hodge Hill more like this
tabling member printed
Mr Liam Byrne more like this
uin 200265 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-06-18more like thismore than 2014-06-18
answer text <p> </p><p>(a) We estimate the cash value of ICR student loans to follow approximately this profile going forwards.</p><p> </p><p> </p><p> </p><p>Value of loan book in real terms</p><p> </p><table><tbody><tr><td><p>2014-15</p></td><td><p>2015-16</p></td><td><p>2016-17</p></td><td><p>2017-18</p></td><td><p>2018-19</p></td><td><p>2019-20</p></td><td><p>2020-21</p></td><td><p>2021-22</p></td><td><p>2022-23</p></td><td><p>2023-24</p></td></tr><tr><td><p>£70bn</p></td><td><p>£80bn</p></td><td><p>£90bn</p></td><td><p>£100bn</p></td><td><p>£110bn</p></td><td><p>£120bn</p></td><td><p>£130bn</p></td><td><p>£140bn</p></td><td><p>£150bn</p></td><td><p>£160bn</p></td></tr><tr><td><p>2024-25</p></td><td><p>2025-26</p></td><td><p>2026-27</p></td><td><p>2027-28</p></td><td><p>2028-29</p></td><td><p>2029-30</p></td><td><p>2030-31</p></td><td><p>2031-32</p></td><td><p>2032-33</p></td><td><p>2033-34</p></td></tr><tr><td><p>£170bn</p></td><td><p>£180bn</p></td><td><p>£190bn</p></td><td><p>£200bn</p></td><td><p>£210bn</p></td><td><p>£220bn</p></td><td><p>£230bn</p></td><td><p>£240bn</p></td><td><p>£250bn</p></td><td><p>£260bn</p></td></tr><tr><td><p>2034-35</p></td><td><p>2035-36</p></td><td><p>2036-37</p></td><td><p>2037-38</p></td><td><p>2038-39</p></td><td><p>2039-40</p></td><td><p>2040-41</p></td><td><p>2041-42</p></td><td><p>2042-43</p></td><td><p>2043-44</p></td></tr><tr><td><p>£260bn</p></td><td><p>£270bn</p></td><td><p>£280bn</p></td><td><p>£280bn</p></td><td><p>£290bn</p></td><td><p>£300bn</p></td><td><p>£300bn</p></td><td><p>£310bn</p></td><td><p>£320bn</p></td><td><p>£320bn</p></td></tr><tr><td><p>2044-45</p></td><td><p>2045-46</p></td><td><p>2046-47</p></td><td><p>2047-48</p></td><td><p>2048-49</p></td><td><p>2049-50</p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td></tr><tr><td><p>£330bn</p></td><td><p>£330bn</p></td><td><p>£330bn</p></td><td><p>£330bn</p></td><td><p>£330bn</p></td><td><p>£330bn</p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td></tr></tbody></table><p> </p><p> </p><p> </p><p>Value of loan book in nominal terms</p><p> </p><table><tbody><tr><td><p>2014-15</p></td><td><p>2015-16</p></td><td><p>2016-17</p></td><td><p>2017-18</p></td><td><p>2018-19</p></td><td><p>2019-20</p></td><td><p>2020-21</p></td><td><p>2021-22</p></td><td><p>2022-23</p></td><td><p>2023-24</p></td></tr><tr><td><p>£70bn</p></td><td><p>£80bn</p></td><td><p>£100bn</p></td><td><p>£110bn</p></td><td><p>£130bn</p></td><td><p>£150bn</p></td><td><p>£170bn</p></td><td><p>£190bn</p></td><td><p>£210bn</p></td><td><p>£230bn</p></td></tr><tr><td><p>2024-25</p></td><td><p>2025-26</p></td><td><p>2026-27</p></td><td><p>2027-28</p></td><td><p>2028-29</p></td><td><p>2029-30</p></td><td><p>2030-31</p></td><td><p>2031-32</p></td><td><p>2032-33</p></td><td><p>2033-34</p></td></tr><tr><td><p>£250bn</p></td><td><p>£270bn</p></td><td><p>£300bn</p></td><td><p>£320bn</p></td><td><p>£350bn</p></td><td><p>£380bn</p></td><td><p>£410bn</p></td><td><p>£440bn</p></td><td><p>£470bn</p></td><td><p>£500bn</p></td></tr><tr><td><p>2034-35</p></td><td><p>2035-36</p></td><td><p>2036-37</p></td><td><p>2037-38</p></td><td><p>2038-39</p></td><td><p>2039-40</p></td><td><p>2040-41</p></td><td><p>2041-42</p></td><td><p>2042-43</p></td><td><p>2043-44</p></td></tr><tr><td><p>£530bn</p></td><td><p>£570bn</p></td><td><p>£600bn</p></td><td><p>£640bn</p></td><td><p>£670bn</p></td><td><p>£710bn</p></td><td><p>£750bn</p></td><td><p>£790bn</p></td><td><p>£830bn</p></td><td><p>£870bn</p></td></tr><tr><td><p>2044-45</p></td><td><p>2045-46</p></td><td><p>2046-47</p></td><td><p>2047-48</p></td><td><p>2048-49</p></td><td><p>2049-50</p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td></tr><tr><td><p>£920bn</p></td><td><p>£960bn</p></td><td><p>£1,000bn</p></td><td><p>£1,030bn</p></td><td><p>£1,070bn</p></td><td><p>£1,100bn</p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td></tr></tbody></table><p> </p><p> </p><p> </p><p>These estimates assume that fees will increase in line with inflation from 2016 onwards. These forecasts also take account of the freeing up of student number controls in the Autumn Statement, increases in loan take-up rates, demographic changes over time and updated earnings modelling.</p><p> </p><p> </p><p> </p><p> </p><p> </p><p>(b) The government has a stated aim to sell the pre-2012 loan book. However, the exact programme of sales has yet to be determined. Consequently, it is not possible to estimate the yearly value of the student loan book after these sales have taken place.</p><p> </p><p><strong> </strong></p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p>
answering member constituency Havant remove filter
answering member printed Mr David Willetts more like this
question first answered
less than 2014-06-18T15:43:46.4822416Zmore like thismore than 2014-06-18T15:43:46.4822416Z
answering member
53
label Biography information for Lord Willetts more like this
tabling member
1171
label Biography information for Liam Byrne more like this
61403
registered interest false more like this
date less than 2014-06-11more like thismore than 2014-06-11
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Disabled Students' Allowances: West Midlands more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, how many disabled students allowance recipients there are in (a) Birmingham, Hodge Hill constituency, (b) Birmingham and (c) the West Midlands. more like this
tabling member constituency Birmingham, Hodge Hill more like this
tabling member printed
Mr Liam Byrne more like this
uin 200291 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-06-18more like thismore than 2014-06-18
answer text <p>Information on students awarded and paid Disabled Students' Allowance is published annually by Student Loans Company (SLC) in the Statistical First Release ‘<em>Student Support for Higher Education England</em>'. The latest statistics are available at the following link: <a href="http://www.slc.co.uk/media/694170/slcsfr052013.pdf" target="_blank">http://www.slc.co.uk/media/694170/slcsfr052013.pdf</a></p><p>A further breakdown for Birmingham, Hodge Hill constituency, Birmingham Local Education Authority and the West Midlands has been provided in the table for the academic year 2012/13. Equivalent figures for the academic year 2013/14 will be available from November 2014.</p><p><strong>Students in receipt of Disabled Students Allowance<sup>[1] </sup>from Birmingham, Hodge Hill constituency, Birmingham and the West Midlands</strong></p><p>Academic Year 2012/13</p><p>Effective date: 13/11/2013</p><table><tbody><tr><td> </td><td colspan="4"><p>Application Type</p></td></tr><tr><td><p> </p></td><td><p>Full-Time Application</p></td><td><p>Part-Time Application</p></td><td><p>Post Graduate DSA</p></td><td><p>Total</p></td></tr><tr><td><p>(Area)</p></td><td><p>No of Applicants Paid</p></td><td><p>No of Applicants Paid</p></td><td><p>No of Applicants Paid</p></td><td><p>No of Applicants Paid</p></td></tr><tr><td><p>West Midlands Government Region<sup>[2]</sup></p></td><td><p>5,340</p></td><td><p>300</p></td><td><p>360</p></td><td><p>6,000</p></td></tr><tr><td><p>Birmingham Local Education Authority<sup>[2]</sup></p></td><td><p>950</p></td><td><p>70</p></td><td><p>80</p></td><td><p>1,090</p></td></tr><tr><td><p>Birmingham, Hodge Hill Constituency<sup>[2]</sup></p></td><td><p>110</p></td><td><p>10</p></td><td><p>10</p></td><td><p>120</p></td></tr></tbody></table><p><strong>Notes: </strong></p><p><strong>[1] Disabled Student Allowance may be paid to the Student or to a Supplier on the student's behalf.</strong></p><p><strong>[2] Figures are derived from the Post Code of the applicant's home address.</strong></p><p><strong>[3] The effective date is that of the November 2013 Awards Statistical First Release. The figures are therefore provisional and do not include students who were awarded DSA after November 2013.</strong></p><p><strong>[4] DSA Payments may be made at any point during the Academic Year or after the end of the Academic Year. </strong></p><p><strong>[5] Numbers are rounded to the nearest 10. Totals may not add to the sum of the components due to rounding.</strong></p>
answering member constituency Havant remove filter
answering member printed Mr David Willetts more like this
question first answered
less than 2014-06-18T15:30:28.4239873Zmore like thismore than 2014-06-18T15:30:28.4239873Z
answering member
53
label Biography information for Lord Willetts more like this
tabling member
1171
label Biography information for Liam Byrne more like this
61404
registered interest false more like this
date less than 2014-06-11more like thismore than 2014-06-11
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Students: Loans more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, what recent estimate his Department has made of the RAB charge for student loans issued after 2012. more like this
tabling member constituency Birmingham, Hodge Hill more like this
tabling member printed
Mr Liam Byrne more like this
uin 200292 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-06-18more like thismore than 2014-06-18
answer text <p>We estimate the RAB charge on these loans to be around 45%.</p><p>The actual cost of issuing student loans will be dependent on future macro-economic circumstances, in particular earnings and we will continue to update our forecasts on a regular basis to take account of changes to short term and long term macro-economic assumptions.</p> more like this
answering member constituency Havant remove filter
answering member printed Mr David Willetts more like this
question first answered
less than 2014-06-18T15:20:49.045659Zmore like thismore than 2014-06-18T15:20:49.045659Z
answering member
53
label Biography information for Lord Willetts more like this
tabling member
1171
label Biography information for Liam Byrne more like this
61407
registered interest false more like this
date less than 2014-06-11more like thismore than 2014-06-11
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Higher Education more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, if he will publish the externally audited copies of the last three years' accounts supplied by alternative learning providers who sought specific course designation under his Department's financial sustainability, management and governance checks. more like this
tabling member constituency Birmingham, Hodge Hill more like this
tabling member printed
Mr Liam Byrne more like this
uin 200269 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-06-18more like thismore than 2014-06-18
answer text <p> </p><p>The audited accounts of alternative providers submitted to the Department for Business, Innovation and Skills (BIS) as part of the specific designation application process are commercially confidential information. They are only shared with parties involved in the assessment of that application. BIS will not be publishing this information.</p><p> </p> more like this
answering member constituency Havant remove filter
answering member printed Mr David Willetts more like this
question first answered
less than 2014-06-18T15:45:48.4568424Zmore like thismore than 2014-06-18T15:45:48.4568424Z
answering member
53
label Biography information for Lord Willetts more like this
tabling member
1171
label Biography information for Liam Byrne more like this
61408
registered interest false more like this
date less than 2014-06-11more like thismore than 2014-06-11
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Higher Education: Student Numbers more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, what individual student number controls his Department has set for each provider which has been granted specific course designation under his Department's financial sustainability, management and governance checks. more like this
tabling member constituency Birmingham, Hodge Hill more like this
tabling member printed
Mr Liam Byrne more like this
uin 200270 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-06-18more like thismore than 2014-06-18
answer text <p>Provisional student number allocations have been issued to providers. However, those numbers will only be confirmed and where necessary adjusted when the provider has received designation or re-designation for the 2014/15 academic year. For the majority of providers that process is still on-going. We will publish student number control data when that process has been completed for all providers.</p> more like this
answering member constituency Havant remove filter
answering member printed Mr David Willetts more like this
question first answered
less than 2014-06-18T15:54:21.7172678Zmore like thismore than 2014-06-18T15:54:21.7172678Z
answering member
53
label Biography information for Lord Willetts more like this
tabling member
1171
label Biography information for Liam Byrne more like this
61409
registered interest false more like this
date less than 2014-06-11more like thismore than 2014-06-11
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Students: Loans more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, what projections his Department has made of the future (a) face value and (b) carrying value of the student loan book. more like this
tabling member constituency Birmingham, Hodge Hill more like this
tabling member printed
Mr Liam Byrne more like this
uin 200294 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-06-18more like thismore than 2014-06-18
answer text <p>(a) We estimate the cash, or face, value of ICR student loans to follow approximately this profile going forwards.</p><p>Value of loan book in real terms</p><table><tbody><tr><td><p>2014-15</p></td><td><p>2015-16</p></td><td><p>2016-17</p></td><td><p>2017-18</p></td><td><p>2018-19</p></td><td><p>2019-20</p></td><td><p>2020-21</p></td><td><p>2021-22</p></td><td><p>2022-23</p></td><td><p>2023-24</p></td></tr><tr><td><p>£70bn</p></td><td><p>£80bn</p></td><td><p>£90bn</p></td><td><p>£100bn</p></td><td><p>£110bn</p></td><td><p>£120bn</p></td><td><p>£130bn</p></td><td><p>£140bn</p></td><td><p>£150bn</p></td><td><p>£160bn</p></td></tr><tr><td><p>2024-25</p></td><td><p>2025-26</p></td><td><p>2026-27</p></td><td><p>2027-28</p></td><td><p>2028-29</p></td><td><p>2029-30</p></td><td><p>2030-31</p></td><td><p>2031-32</p></td><td><p>2032-33</p></td><td><p>2033-34</p></td></tr><tr><td><p>£170bn</p></td><td><p>£180bn</p></td><td><p>£190bn</p></td><td><p>£200bn</p></td><td><p>£210bn</p></td><td><p>£220bn</p></td><td><p>£230bn</p></td><td><p>£240bn</p></td><td><p>£250bn</p></td><td><p>£260bn</p></td></tr><tr><td><p>2034-35</p></td><td><p>2035-36</p></td><td><p>2036-37</p></td><td><p>2037-38</p></td><td><p>2038-39</p></td><td><p>2039-40</p></td><td><p>2040-41</p></td><td><p>2041-42</p></td><td><p>2042-43</p></td><td><p>2043-44</p></td></tr><tr><td><p>£260bn</p></td><td><p>£270bn</p></td><td><p>£280bn</p></td><td><p>£280bn</p></td><td><p>£290bn</p></td><td><p>£300bn</p></td><td><p>£300bn</p></td><td><p>£310bn</p></td><td><p>£320bn</p></td><td><p>£320bn</p></td></tr><tr><td><p>2044-45</p></td><td><p>2045-46</p></td><td><p>2046-47</p></td><td><p>2047-48</p></td><td><p>2048-49</p></td><td><p>2049-50</p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td></tr><tr><td><p>£330bn</p></td><td><p>£330bn</p></td><td><p>£330bn</p></td><td><p>£330bn</p></td><td><p>£330bn</p></td><td><p>£330bn</p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td></tr></tbody></table><p>Value of loan book in nominal terms</p><table><tbody><tr><td><p>2014-15</p></td><td><p>2015-16</p></td><td><p>2016-17</p></td><td><p>2017-18</p></td><td><p>2018-19</p></td><td><p>2019-20</p></td><td><p>2020-21</p></td><td><p>2021-22</p></td><td><p>2022-23</p></td><td><p>2023-24</p></td></tr><tr><td><p>£70bn</p></td><td><p>£80bn</p></td><td><p>£100bn</p></td><td><p>£110bn</p></td><td><p>£130bn</p></td><td><p>£150bn</p></td><td><p>£170bn</p></td><td><p>£190bn</p></td><td><p>£210bn</p></td><td><p>£230bn</p></td></tr><tr><td><p>2024-25</p></td><td><p>2025-26</p></td><td><p>2026-27</p></td><td><p>2027-28</p></td><td><p>2028-29</p></td><td><p>2029-30</p></td><td><p>2030-31</p></td><td><p>2031-32</p></td><td><p>2032-33</p></td><td><p>2033-34</p></td></tr><tr><td><p>£250bn</p></td><td><p>£270bn</p></td><td><p>£300bn</p></td><td><p>£320bn</p></td><td><p>£350bn</p></td><td><p>£380bn</p></td><td><p>£410bn</p></td><td><p>£440bn</p></td><td><p>£470bn</p></td><td><p>£500bn</p></td></tr><tr><td><p>2034-35</p></td><td><p>2035-36</p></td><td><p>2036-37</p></td><td><p>2037-38</p></td><td><p>2038-39</p></td><td><p>2039-40</p></td><td><p>2040-41</p></td><td><p>2041-42</p></td><td><p>2042-43</p></td><td><p>2043-44</p></td></tr><tr><td><p>£530bn</p></td><td><p>£570bn</p></td><td><p>£600bn</p></td><td><p>£640bn</p></td><td><p>£670bn</p></td><td><p>£710bn</p></td><td><p>£750bn</p></td><td><p>£790bn</p></td><td><p>£830bn</p></td><td><p>£870bn</p></td></tr><tr><td><p>2044-45</p></td><td><p>2045-46</p></td><td><p>2046-47</p></td><td><p>2047-48</p></td><td><p>2048-49</p></td><td><p>2049-50</p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td></tr><tr><td><p>£920bn</p></td><td><p>£960bn</p></td><td><p>£1,000bn</p></td><td><p>£1,030bn</p></td><td><p>£1,070bn</p></td><td><p>£1,100bn</p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td><td><p> </p></td></tr></tbody></table><p>These estimates assume that fees will increase in line with inflation from 2016 onwards. These forecasts also take account of the freeing up of student number controls in the Autumn Statement, increases in loan take-up rates, demographic changes over time and updated earnings modelling.</p><p>(b) We estimate the current carrying value of the student loan book, which is used in the BIS accounts. However, we do not forecast the future carrying value of the loan book, as this is not required for the purposes of accounting or budgeting. Our estimate of the carrying value for loans when they are issued is based on the RAB charge, which we currently estimate is around 45%.</p>
answering member constituency Havant remove filter
answering member printed Mr David Willetts more like this
question first answered
less than 2014-06-18T15:34:15.9635608Zmore like thismore than 2014-06-18T15:34:15.9635608Z
answering member
53
label Biography information for Lord Willetts more like this
tabling member
1171
label Biography information for Liam Byrne more like this
61452
registered interest false more like this
date less than 2014-06-11more like thismore than 2014-06-11
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Space Technology more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of the effectiveness of the UK Space Agency in promoting the UK space industry; and if he will make a statement. more like this
tabling member constituency Windsor more like this
tabling member printed
Adam Afriyie more like this
uin 200304 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-06-18more like thismore than 2014-06-18
answer text <p>The UK Space Agency (UKSA) was created in April 2011 to lead and foster the growing UK space sector. It does so through funding and delivery of civil space projects and downstream space related activities, developing space policy including advice to Ministers and regulating UK space activities to meet international obligations.</p><p>The UKSA formally tests its performance against such objectives in a number ways and includes amongst these a measure of its effectiveness in promoting the UK space industry. This is primarily through an independent bi-annual “Size and Health” survey of the UK industrial sector which assesses the growth of the UK space economy. The Agency also monitors contracts that flow back to UK industry from Agency-targeted subscriptions to the European Space Agency as well as monitoring where Agency-supported research and development work has positioned UK industry for success in future operational contracts. More recently the Agency has extended its role in actively supporting and promoting UK industrial exports of both satellite and emerging space-related data services.</p><p>All objective measures from these activities point to a growing success story for our space industry. Indeed it is one of our economy's fastest growing sectors, with an average growth rate of almost 7.5%, and it has ambitions to increase its annual turnover to £40 billion by 2030. The role of the Agency in this development is significant and it has developed close relationships with industry.</p><p>The Size and Health survey due to be published in autumn 2014 is expected to show that the Space Economy has continued to grow between 2011 and 2013.</p><p>Its coordination of a business-driven industrial space policy has provided leadership for the UK industrial community (acknowledged by the UK space Innovation and Growth Strategy published in 2013) and this has been recognised by the Parliamentary Select Committee report into the UKSA which was published in October 2013.</p><p>The Agency serves as an effective platform to raise awareness of the successes of the UK space sector. BIS and Agency officials continue to evaluate its success in promoting that work using Government Communications Service best practice.</p><p>A further key measure of success is the increasing number of overseas space companies choosing to invest in the UK and so growing the UK's wider space capability and economic development.</p>
answering member constituency Havant remove filter
answering member printed Mr David Willetts more like this
question first answered
less than 2014-06-18T15:01:36.7698899Zmore like thismore than 2014-06-18T15:01:36.7698899Z
answering member
53
label Biography information for Lord Willetts more like this
tabling member
1586
label Biography information for Adam Afriyie more like this
61454
registered interest false more like this
date less than 2014-06-11more like thismore than 2014-06-11
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 more like this
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Space Technology more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of the return on public investment in the UK Space Agency; and if he will make a statement. more like this
tabling member constituency Windsor more like this
tabling member printed
Adam Afriyie more like this
uin 200305 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2014-06-18more like thismore than 2014-06-18
answer text <p>The return on investment delivered by the UK Space Agency (UKSA) is subject to biennial assessment as part of the Agency survey of the size and health of the space industry. Results of the 2014 survey are due to be published in the autumn of 2014, though I hope to be in a position to announce headline figures such as turnover and employment numbers at the Farnborough Airshow in July 2014.</p><p>The European Space Agency (ESA) is the primary route for Government R&amp;D space investment. Several economic analyses of investment impact have been undertaken, drawn together in BIS Economics Paper No3 . The Agency's biennial survey of the size and health of the UK space industry has shown growth from £3.4Bn turnover in 1999/2000 to £9.5Bn in 2011, reflecting the results of sustained investment as well as the growth of the market.</p><p>UKSA investment through the European Space Agency (ESA) in the last five years is as follows:</p><p>2009/10: £242.8m</p><p>2010/11: £231.1m</p><p>2011/12: £232.0m</p><p>2012/13: £207.6m</p><p>2013/14: £267.5m</p><p>In addition, national expenditure averaging £20M a year has been invested within the UK to build and operate scientific instruments carried on ESA spacecraft. The funding to ESA has been used to contribute to missions and technology in the fields of space science and exploration, Earth observation for science and applications, telecommunications and broadband delivery, access to microgravity facilities for life and physical sciences, space weather, navigation technologies, human spaceflight and weather monitoring. As well as resulting expenditure in the UK due to the <em>juste retour</em> principle, wider benefits have accrued in economic growth; new scientific knowledge and improved delivery of public services.</p>
answering member constituency Havant remove filter
answering member printed Mr David Willetts more like this
question first answered
less than 2014-06-18T15:57:10.2343574Zmore like thismore than 2014-06-18T15:57:10.2343574Z
answering member
53
label Biography information for Lord Willetts more like this
tabling member
1586
label Biography information for Adam Afriyie more like this