{ "format" : "linked-data-api", "version" : "0.2", "result" : {"_about" : "http://eldaddp.azurewebsites.net/answeredquestions.text?max-date=2019-07-23&answer.answeringMemberPrinted=Chris+Skidmore&max-answer.dateOfAnswer=2018-12-13", "definition" : "http://eldaddp.azurewebsites.net/meta/answeredquestions.text?max-date=2019-07-23&answer.answeringMemberPrinted=Chris+Skidmore&max-answer.dateOfAnswer=2018-12-13", "extendedMetadataVersion" : "http://eldaddp.azurewebsites.net/answeredquestions.text?max-date=2019-07-23&_metadata=all&answer.answeringMemberPrinted=Chris+Skidmore&max-answer.dateOfAnswer=2018-12-13", "first" : "http://eldaddp.azurewebsites.net/answeredquestions.text?_page=0&max-date=2019-07-23&answer.answeringMemberPrinted=Chris+Skidmore&max-answer.dateOfAnswer=2018-12-13", "hasPart" : "http://eldaddp.azurewebsites.net/answeredquestions.text?max-date=2019-07-23&answer.answeringMemberPrinted=Chris+Skidmore&max-answer.dateOfAnswer=2018-12-13", "isPartOf" : "http://eldaddp.azurewebsites.net/answeredquestions.text?max-date=2019-07-23&answer.answeringMemberPrinted=Chris+Skidmore&max-answer.dateOfAnswer=2018-12-13", "items" : [{"_about" : "http://data.parliament.uk/resources/1022955", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1022955/answer", "answerText" : {"_value" : "
The Department for Business, Energy and Industrial Strategy has allocated £97 million in relation to the work to develop options for a UK Global Navigation Satellite System. This comprises the £92m for the Engineering, Design and Development Phase and £5m incurred on initial feasibility study work.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4021", "label" : {"_value" : "Biography information for Chris Skidmore"} } , "answeringMemberConstituency" : {"_value" : "Kingswood"} , "answeringMemberPrinted" : {"_value" : "Chris Skidmore"} , "dateOfAnswer" : {"_value" : "2018-12-13", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2018-12-13T15:19:56.83Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2018-12-10", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Global Navigation Satellite Systems: Finance"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 6 December 2018 to Question 198212 on Global Navigation Satellite Systems: Costs, what funds his Department has allocated to the proposed Global Navigation Satellite System.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/1541", "label" : {"_value" : "Biography information for Dame Nia Griffith"} } , "tablingMemberConstituency" : {"_value" : "Llanelli"} , "tablingMemberPrinted" : [{"_value" : "Nia Griffith"} ], "uin" : "200619"} , {"_about" : "http://data.parliament.uk/resources/1020407", "AnsweringBody" : [{"_value" : "Department for Education"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1020407/answer", "answerText" : {"_value" : "
The final carrying value of the loans sold in December 2018 is subject to reconciliation and auditing and will be provided in the Department for Education\u2019s 2018-19 annual report and accounts.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4021", "label" : {"_value" : "Biography information for Chris Skidmore"} } , "answeringMemberConstituency" : {"_value" : "Kingswood"} , "answeringMemberPrinted" : {"_value" : "Chris Skidmore"} , "dateOfAnswer" : {"_value" : "2018-12-11", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "previousAnswerVersion" : {"_about" : "http://data.parliament.uk/resources/1020407/answer/previousversion/91054", "answeringMember" : {"_about" : "http://data.parliament.uk/members/4021", "label" : {"_value" : "Biography information for Chris Skidmore"} } , "answeringMemberConstituency" : {"_value" : "Kingswood"} , "answeringMemberPrinted" : {"_value" : "Chris Skidmore"} } , "questionFirstAnswered" : [{"_value" : "2018-12-11T13:14:16.07Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "60"} , "answeringDeptShortName" : {"_value" : "Education"} , "answeringDeptSortName" : {"_value" : "Education"} , "date" : {"_value" : "2018-12-05", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Students: Loans"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Education, further to his Written Statement of 4 December 2018 on Government Asset Sale Update, HCWS1137, what the carrying value was that his Department had placed on the loans sold for £1.9 billion.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4356", "label" : {"_value" : "Biography information for Angela Rayner"} } , "tablingMemberConstituency" : {"_value" : "Ashton-under-Lyne"} , "tablingMemberPrinted" : [{"_value" : "Angela Rayner"} ], "uin" : "199417"} , {"_about" : "http://data.parliament.uk/resources/1020409", "AnsweringBody" : [{"_value" : "Department for Education"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1020409/answer", "answerText" : {"_value" : "
\u200b\u200bThrough the sale, the government has exchanged a stream of uncertain future cash flows spread over thirty years for a certain lump sum now. When assessing whether or not to sell the loans, the government therefore has to determine today\u2019s value of those future cash flows to be able to compare it against the price being offered by the market. To make this assessment, the government forecasts the repayments and then takes into account: the time value of money, the effect of inflation, the riskiness of the asset, and the opportunity cost of having money tied up in that asset that could otherwise be used for purposes or policies with greater social or economic returns. This follows the guidance set out in Her Majesty\u2019s Treasury\u2019s (HM Treasury) Green Book:<\/p>
<\/p>
https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/191488/Green_book_supplementary_guidance_asset_valuation.pdf<\/a>.<\/p> <\/p> \u200bIn accordance with this assessment, the government has concluded that the sale achieved value for money in accordance with HM Treasury\u2019s Green Book guidance.<\/p>"}
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], "questionText" : "To ask the Secretary of State for Education, further to his written ministerial statement HCWS1137 Government Asset Sale Update, published 4th December 2018, what assessment his Department has made of the total loss in future receipts in repayments from the student loans that were sold for £1.9 billion.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
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, {"_about" : "http://data.parliament.uk/resources/1020437", "AnsweringBody" : [{"_value" : "Department for Education"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1020437/answer", "answerText" : {"_value" : " The Student Loans Company (SLC) data show the uptake of the disabled students\u2019 equipment allowance by full time undergraduate students domiciled in England fell from 28,000 in 2014/15 to 23,400 in 2015/16, the year the £200 contribution was introduced, and to 21,600 in 2016/17. Provisional figures for 2017/18 show an increase of 17% in uptake compared to the provisional figures in 2016/17.<\/p> <\/p>