Speech in Commons Chamber - Thu 12 Jul 2018
Carillion
"By that stage, the Government were in a Catch-22 situation. If they denied Carillion access to any public contracts, it would have been a further signal to the market that this company was going down and it would have put at risk all the other public sector contracts it held. …..."Bernard Jenkin - View Speech
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Speech in Commons Chamber - Thu 12 Jul 2018
Carillion
"I totally agree with the concept that these contracts become too big to fail, and therefore, as I will explain, it becomes an illusion that the Government have transferred risk to these companies. These companies are a private sector extension of the public sector, and the public sector still carries …..."Bernard Jenkin - View Speech
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Speech in Commons Chamber - Thu 12 Jul 2018
Carillion
"I agree, but unfortunately I think that the Government have fed that addiction. The pressures of austerity and the hunt for savings have encouraged the Government to try to get prices down and to be blind to the risks they are transferring to the private sector, resulting in the sickness …..."Bernard Jenkin - View Speech
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Speech in Commons Chamber - Mon 08 Jan 2018
Office for Students: Appointment
"The Public Administration and Constitutional Affairs Committee oversees the public appointments process and we hold the public appointments commissioner accountable for the conduct of the code. This is a timely reminder that public appointments are to be held accountable. Is my hon. Friend satisfied that the panel had the due …..."Bernard Jenkin - View Speech
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Speech in Commons Chamber - Mon 16 Oct 2017
Nuclear Safeguards Bill
"My right hon. and learned Friend the Member for Rushcliffe (Mr Clarke) referred to the fact that we have to make all these international agreements which have previously been reflected in agreements between the EU and international bodies and other countries. Is any other country outside the EU objecting to …..."Bernard Jenkin - View Speech
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Speech in Commons Chamber - Mon 16 Oct 2017
Nuclear Safeguards Bill
"Will the hon. Gentleman give way?..."Bernard Jenkin - View Speech
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Speech in Commons Chamber - Mon 16 Oct 2017
Nuclear Safeguards Bill
"Will the hon. Gentleman give way?..."Bernard Jenkin - View Speech
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Speech in Westminster Hall - Wed 12 Jul 2017
Euratom Membership
"I commend the hon. Gentleman not just on obtaining the debate but on his constructive tone, but why should the case for staying in Euratom not apply to every other agency that we will leave when we leave the European Union? As we leave those other agencies and regulatory bodies, …..."Bernard Jenkin - View Speech
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Speech in Westminster Hall - Wed 23 Nov 2016
Exiting the EU: Higher Education
"I congratulate the hon. Member for Ealing Central and Acton (Dr Huq) on securing this debate. The issues that she raises, and the questions that universities are raising, are of course legitimate matters of concern, but the language that she used—“we are all jumping off a cliff without a parachute”—is …..."Bernard Jenkin - View Speech
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Written Question
Wednesday 4th May 2016
Asked by:
Bernard Jenkin (Conservative - Harwich and North Essex)
Question
to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Innovation and Skills, what estimate he has made of (a) the outstanding student loan debt held by non-UK EU citizens, (b) the proportion of that debt that will be repaid and (c) the proportion of that debt that is outstanding.
Answered by Lord Johnson of Marylebone
The Student Loans Company (SLC) administers student loans for each of the UK Government Administrations. Statistics covering English loans to EU domiciled borrowers are published annually by SLC in the Statistical First Release ‘Student Loans in England’.
http://www.slc.co.uk/official-statistics/student-loans-debt-and-repayment/england.aspx
At the end of the financial year 2014-15, the overall Higher Education English Income Contingent Repayment (ICR) loan balance outstanding was £64.7 billion. Of this, around 1.5% (£958 million) was held by EU domiciled borrowers.
Between 75% and 80% of the total value of loans from borrowers of all domiciles are expected to be repaid. An estimate for loans to EU domiciled borrowers is not available. Borrowers do not have to repay until they are earning over the relevant repayment threshold. Repayment is income contingent at 9% of any income over the repayment threshold.
SLC has arrangements in place to collect repayments from borrowers who move away from the UK; SLC establishes a 12 month repayment schedule based on the borrower’s income and provides information on the methods of repayment available.
SLC sets up fixed repayment schedules for borrowers who do not remain in contact and will place those borrowers in arrears. Further action, including legal action, can then be taken to secure recovery. European Commission regulations allow the SLC to obtain judgments in UK courts, which can be enforced by courts in other EU countries.