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45847
star this property registered interest false more like this
star this property date less than 2014-03-31more like thismore than 2014-03-31
star this property answering body
Department for Business, Innovation and Skills more like this
star this property answering dept id 26 remove filter
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Innovation and Skills, whether any alternative learning providers have not met the standards he recently announced on (a) quality assurance, (b) financial sustainability and (c) management and governance. more like this
star this property tabling member constituency Birmingham, Hodge Hill remove filter
star this property tabling member printed
Mr Liam Byrne more like this
unstar this property uin 194323 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2014-04-07more like thismore than 2014-04-07
star this property answer text <p>To date, 16 alternative providers that applied to have courses designated under the new specific course designation arrangements have not met the standards required. 3 applications were rejected because of quality assurance; 13 applications were rejected because of concerns over financial sustainability.</p> more like this
star this property answering member constituency Havant more like this
star this property answering member printed Mr David Willetts more like this
star this property question first answered
less than 2014-04-07T12:00:00.00Zmore like thismore than 2014-04-07T12:00:00.00Z
star this property answering member
53
star this property label Biography information for Lord Willetts more like this
star this property tabling member
1171
unstar this property label Biography information for Liam Byrne more like this
45848
star this property registered interest false more like this
star this property date less than 2014-03-31more like thismore than 2014-03-31
star this property answering body
Department for Business, Innovation and Skills more like this
star this property answering dept id 26 remove filter
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Innovation and Skills, what steps his Department plans to take to monitor whether alternative learning providers are meeting the standards he recently set out on (a) quality assurance, (b) financial sustainability and (c) management and governance; and how he plans to facilitate the meeting of those standards. more like this
star this property tabling member constituency Birmingham, Hodge Hill remove filter
star this property tabling member printed
Mr Liam Byrne more like this
unstar this property uin 194324 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2014-04-07more like thismore than 2014-04-07
star this property answer text <p>Under the new specific course designation arrangements alternative learning providers are required immediately to notify the Higher Education Funding Council for England (HEFCE) of any material changes which may affect their financial sustainability or quality of provision. HEFCE will also run an annual monitoring exercise to collect information about the ongoing financial sustainability, quality of provision, and changes to management and governance arrangements at alternative learning providers.</p> more like this
star this property answering member constituency Havant more like this
star this property answering member printed Mr David Willetts more like this
star this property question first answered
less than 2014-04-07T12:00:00.00Zmore like thismore than 2014-04-07T12:00:00.00Z
star this property answering member
53
star this property label Biography information for Lord Willetts more like this
star this property tabling member
1171
unstar this property label Biography information for Liam Byrne more like this
45852
star this property registered interest false more like this
star this property date less than 2014-03-31more like thismore than 2014-03-31
star this property answering body
Department for Business, Innovation and Skills more like this
star this property answering dept id 26 remove filter
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Innovation and Skills, whether recent increases in the estimated RAB rate for student loans go beyond his Department's target impairment for student loans. more like this
star this property tabling member constituency Birmingham, Hodge Hill remove filter
star this property tabling member printed
Mr Liam Byrne more like this
unstar this property uin 194353 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2014-04-07more like thismore than 2014-04-07
star this property answer text <p>This Department does not set a target for impairment of student loans. Our reforms were designed to put higher education on a sustainable footing. Universities are now well-funded and this is driving up the quality of the student experience and helping to stimulate economic growth, while keeping access to higher education free at the point of entry.</p> more like this
star this property answering member constituency Havant more like this
star this property answering member printed Mr David Willetts more like this
star this property grouped question UIN
194350 more like this
194351 more like this
star this property question first answered
less than 2014-04-07T12:00:00.00Zmore like thismore than 2014-04-07T12:00:00.00Z
star this property answering member
53
star this property label Biography information for Lord Willetts more like this
star this property tabling member
1171
unstar this property label Biography information for Liam Byrne more like this
45853
star this property registered interest false more like this
star this property date less than 2014-03-31more like thismore than 2014-03-31
star this property answering body
Department for Business, Innovation and Skills more like this
star this property answering dept id 26 remove filter
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Innovation and Skills, what estimate he has made of the effect on his Department's total resource Departmental Expenditure Limits of the revised guidance on revaluation of student loan impairments in each of the next three years. more like this
star this property tabling member constituency Birmingham, Hodge Hill remove filter
star this property tabling member printed
Mr Liam Byrne more like this
unstar this property uin 194354 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2014-04-07more like thismore than 2014-04-07
star this property answer text <p>Student Loan repayments are managed annually under government budgeting rules and any changes, for whatever reason, in forecast repayments, are considered as part of the Parliamentary Supply Process.</p><p>Additional Supply was agreed between this Department and HM Treasury, and approved by Parliament as part of the 2013-14 Supplementary Estimates process.</p> more like this
star this property answering member constituency Havant more like this
star this property answering member printed Mr David Willetts more like this
star this property question first answered
less than 2014-04-07T12:00:00.00Zmore like thismore than 2014-04-07T12:00:00.00Z
star this property answering member
53
star this property label Biography information for Lord Willetts more like this
star this property tabling member
1171
unstar this property label Biography information for Liam Byrne more like this
45867
star this property registered interest false more like this
star this property date less than 2014-03-31more like thismore than 2014-03-31
star this property answering body
Department for Business, Innovation and Skills more like this
star this property answering dept id 26 remove filter
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Innovation and Skills, if he will publish regular information on the level of his Department's target impairment for student loans. more like this
star this property tabling member constituency Birmingham, Hodge Hill remove filter
star this property tabling member printed
Mr Liam Byrne more like this
unstar this property uin 194351 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2014-04-07more like thismore than 2014-04-07
star this property answer text <p>This Department does not set a target for impairment of student loans. Our reforms were designed to put higher education on a sustainable footing. Universities are now well-funded and this is driving up the quality of the student experience and helping to stimulate economic growth, while keeping access to higher education free at the point of entry.</p> more like this
star this property answering member constituency Havant more like this
star this property answering member printed Mr David Willetts more like this
star this property grouped question UIN
194350 more like this
194353 more like this
star this property question first answered
less than 2014-04-07T12:00:00.00Zmore like thismore than 2014-04-07T12:00:00.00Z
star this property answering member
53
star this property label Biography information for Lord Willetts more like this
star this property tabling member
1171
unstar this property label Biography information for Liam Byrne more like this
45869
star this property registered interest false more like this
star this property date less than 2014-03-31more like thismore than 2014-03-31
star this property answering body
Department for Business, Innovation and Skills more like this
star this property answering dept id 26 remove filter
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Innovation and Skills, what his Department's current target impairment for student loans is; how such a level was decided on; when this target was introduced; and what change there has been in this target since its introduction. more like this
star this property tabling member constituency Birmingham, Hodge Hill remove filter
star this property tabling member printed
Mr Liam Byrne more like this
unstar this property uin 194350 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2014-04-07more like thismore than 2014-04-07
star this property answer text <p>This Department does not set a target for impairment of student loans. Our reforms were designed to put higher education on a sustainable footing. Universities are now well-funded and this is driving up the quality of the student experience and helping to stimulate economic growth, while keeping access to higher education free at the point of entry.</p> more like this
star this property answering member constituency Havant more like this
star this property answering member printed Mr David Willetts more like this
star this property grouped question UIN
194351 more like this
194353 more like this
star this property question first answered
less than 2014-04-07T12:00:00.00Zmore like thismore than 2014-04-07T12:00:00.00Z
star this property answering member
53
star this property label Biography information for Lord Willetts more like this
star this property tabling member
1171
unstar this property label Biography information for Liam Byrne more like this
45868
star this property registered interest false more like this
star this property date less than 2014-03-31more like thismore than 2014-03-31
star this property answering body
Department for Business, Innovation and Skills more like this
star this property answering dept id 26 remove filter
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Innovation and Skills, at what stage in the sell-off process student loans will be defined as currently subject to a sale for the purposes of revaluing impairments. more like this
star this property tabling member constituency Birmingham, Hodge Hill remove filter
star this property tabling member printed
Mr Liam Byrne more like this
unstar this property uin 194352 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2014-04-08more like thismore than 2014-04-08
star this property answer text <p>Student loans are classified as Loans and Receivables and are carried in the Department's Annual Report and Accounts at amortised cost in accordance with International Accounting Standards (IAS 39). Student loans are reviewed annually at the balance sheet date for any objective evidence of impairment, and the value is adjusted as necessary. This is not impacted by the sale process. In accordance with the standard, the classification of student loans will not change following initial recognition. Any gain or loss on disposal will be reported in the annual accounts following sale completion.</p> more like this
star this property answering member constituency Havant more like this
star this property answering member printed Mr David Willetts more like this
star this property question first answered
less than 2014-04-08T12:00:00.00Zmore like thismore than 2014-04-08T12:00:00.00Z
star this property answering member
53
star this property label Biography information for Lord Willetts more like this
star this property tabling member
1171
unstar this property label Biography information for Liam Byrne more like this
46709
star this property registered interest false more like this
star this property date less than 2014-04-03more like thismore than 2014-04-03
star this property answering body
Department for Business, Innovation and Skills more like this
star this property answering dept id 26 remove filter
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Innovation and Skills, if he will break down the £31,400,000 for Royal Mail sale transaction costs in his Department's Supplementary Estimates 2013-14. more like this
star this property tabling member constituency Birmingham, Hodge Hill remove filter
star this property tabling member printed
Mr Liam Byrne more like this
unstar this property uin 195034 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2014-04-09more like thismore than 2014-04-09
star this property answer text <p>The Supplementary Estimate included a Reserve Claim to cover the cost of managing and realising the Royal Mail pension assets in 2013-14 of c£31.4m. This is in line with the funding arrangement agreed with HM Treasury in May 2011, whereby costs over and above £50m funded by the Department for Business, Innovation and Skills (BIS) would be met by HM Treasury. These assets transferred to Government from the Royal Mail Pension Plan in April 2012.</p><p> </p><p>The Supplementary Estimate also included a Reserve Claim to cover the total cost of the transaction estimated to be around £32.6m of which £9.2m is stamp duty, £13.1m underwriters and intermediaries commission fees, £4.2m underwriters' discretionary fee which has not been paid, and the balance the direct retail cost.</p><p> </p> more like this
star this property answering member constituency Sevenoaks more like this
star this property answering member printed Michael Fallon more like this
star this property question first answered
less than 2014-04-09T12:00:00.00Zmore like thismore than 2014-04-09T12:00:00.00Z
star this property answering member
88
star this property label Biography information for Sir Michael Fallon more like this
star this property tabling member
1171
unstar this property label Biography information for Liam Byrne more like this
46713
star this property registered interest false more like this
star this property date less than 2014-04-03more like thismore than 2014-04-03
star this property answering body
Department for Business, Innovation and Skills more like this
star this property answering dept id 26 remove filter
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Innovation and Skills, what the total value is of all bids received from Local Enterprise Partnerships for the Local Growth Fund to date. more like this
star this property tabling member constituency Birmingham, Hodge Hill remove filter
star this property tabling member printed
Mr Liam Byrne more like this
unstar this property uin 195056 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2014-04-09more like thismore than 2014-04-09
star this property answer text <p>All 39 Local Enterprise Partnerships submitted their Strategic Economic Plans to Government on 31st March. All proposals are currently being reviewed and assessed against the published criteria and it is too early to know the total call on the fund. However from an initial review it is clear that the Local Growth Fund is significantly over-subscribed, with bids totalling approximately three or four times the amount available.</p> more like this
star this property answering member constituency Sevenoaks more like this
star this property answering member printed Michael Fallon more like this
star this property question first answered
less than 2014-04-09T12:00:00.00Zmore like thismore than 2014-04-09T12:00:00.00Z
star this property answering member
88
star this property label Biography information for Sir Michael Fallon more like this
star this property tabling member
1171
unstar this property label Biography information for Liam Byrne more like this
46714
star this property registered interest false more like this
star this property date less than 2014-04-03more like thismore than 2014-04-03
star this property answering body
Department for Business, Innovation and Skills more like this
star this property answering dept id 26 remove filter
star this property answering dept short name Business, Innovation and Skills more like this
star this property answering dept sort name Business, Innovation and Skills more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Innovation and Skills, what criteria is used to assess bids from local enterprise partnerships for the Local Growth Fund. more like this
star this property tabling member constituency Birmingham, Hodge Hill remove filter
star this property tabling member printed
Mr Liam Byrne more like this
unstar this property uin 195057 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer less than 2014-04-09more like thismore than 2014-04-09
star this property answer text <p>The criteria the Government will be using to assess Strategic Economic Plans and bids for the Local Growth Fund were published in July 2013. There are 3 key criteria: ambition and rationale, value for money and delivery and risk. The most successful LEPs will have strong, deliverable Strategic Economic Plans, evidenced by strong partnership working; robust arrangements for accountability; and effective collaboration across Local Enterprise Partnership geography. These LEPs will earn a greater share of the Local Growth Fund.</p> more like this
star this property answering member constituency Sevenoaks more like this
star this property answering member printed Michael Fallon more like this
star this property question first answered
less than 2014-04-09T12:00:00.00Zmore like thismore than 2014-04-09T12:00:00.00Z
star this property answering member
88
star this property label Biography information for Sir Michael Fallon more like this
star this property tabling member
1171
unstar this property label Biography information for Liam Byrne more like this