Higher Education Institutions: Spending
Debate between Lord Broers and Viscount Younger of Leckie
Viscount Younger of Leckie
The right reverend Prelate is right, in that we want to reach out to all areas of the country, including Chichester, and both small and big providers. The Augar report comes, of course, on the back of the Higher Education and Research Act, through which we seek to encourage high-quality provision and greater competition, to ensure that students and the taxpayer receive value for money and that students receive a good experience from the courses they undertake.
Lord Broers (CB)
My Lords, the Augar report is balanced from the point of view of funding. Can the Minister reassure us that, should the Government— whichever Government it is—decide to go ahead with this Bill, they will take a balanced view and not cherry pick the cuts in funding rather than increases in funding? If you cut teaching funding any more, even in a place such as Cambridge, where at present it is not used to fund research, it will be transferred. It will damage research as well as teaching, and it will damage the reputation of our leading universities and their ability to attract direct foreign funding, as well as their general reputation in joining in collaboration. I want the Minister’s reassurance that this matter will be looked at in a balanced way so that we do not damage both teaching and research.
Viscount Younger of Leckie
The noble Lord is absolutely right. I listen particularly carefully to him, given his experience of Cambridge. It is very important to say that the UK enjoys a world-class reputation, with globally renowned teaching and cutting-edge research and innovation. We do not want to put that in jeopardy.
Small and Medium-sized Enterprises: Late Payments
Debate between Lord Broers and Viscount Younger of Leckie
Viscount Younger of Leckie
I hope that I can assure my noble friend that, in addition to introducing the new reporting requirement, we are looking at giving suppliers more information on what to expect from their customers and therefore to be in a better position to make an informed judgment on whether to enter a commercial relationship, and how to negotiate fair terms or challenge unfair terms, as well as how to understand what they need to do to ensure that they get paid on time.
Lord Broers (CB)
My Lords, what are the Government doing to help small companies to obtain payments from overseas companies that refuse to pay?
Viscount Younger of Leckie
The noble Lord raises an important point. This is very much a question for the companies and the contracts that they enter into. The Government can certainly produce a framework and, indeed, from the UK angle, the small business Bill will take matters forward to give greater clarity and transparency.
Economy: Manufacturing
Debate between Lord Broers and Viscount Younger of Leckie
Viscount Younger of Leckie
My Lords, I would not disagree with the noble Baroness but I would echo her thoughts that Jaguar Land Rover has done a magnificent job in leading our exports into new markets abroad. This is on top of the excellent news about Bombardier in the Midlands, a decision which gives a new vote of confidence in British manufacturing and which supports 760 manufacturing jobs and 80 apprenticeships in the UK.
Lord Broers (CB)
My Lords, I am sure the Minister will agree that the Technology Strategy Board’s catapults have been a very positive move forward in driving innovation for manufacturing, especially the high-value manufacturing catapult. These catapults were to a certain extent based on the Fraunhofer-Gesellschaft, but our effort is rather small compared with Germany, which has 60 while we still have fewer than10. Are we going to expand this programme?
Viscount Younger of Leckie
The noble Lord makes a good point. It is true that we are behind France and Germany in this aspect, but we are taking several actions, particularly with our catapult programme and the EPSRC—the Engineering and Physical Science Research Council—which will lead us forward and enable us to compete in markets. It is essential that we do this.