UK-EU Common Understanding Negotiations Debate

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Department: Cabinet Office

UK-EU Common Understanding Negotiations

Florence Eshalomi Excerpts
Wednesday 17th December 2025

(1 day, 20 hours ago)

Commons Chamber
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Nick Thomas-Symonds Portrait Nick Thomas-Symonds
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We would expect the price to be £810 million. With the discount, it is £570 million. However, the right hon. Gentleman completely misunderstands the situation, because a substantial amount of that money will come back in the form of grants to our own people who are applying to be on the scheme. On his point about value for money, I have made sure that the argument about having a fair balance is embedded. That is the basis on which we will continue, but after 10 months there will be a review that looks at the balance between contribution and participation. If he wants to do something useful to address that balance, he could encourage his own constituents to participate.

Florence Eshalomi Portrait Florence Eshalomi (Vauxhall and Camberwell Green) (Lab/Co-op)
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I thank the Minister for his statement. I am a proud Erasmus graduate and the first in my family to go to university. As I was a carer for my late mother, I did not study abroad. I stayed at home and commuted to university, so Erasmus was the first time I was able to experience that. Many years on, I still have connections and friendships that were formed through the scheme, and it is good to know that young people in my constituency will be able to benefit from it. It is so, so vital. Can the Minister outline the timeframe a bit more, so that we can make sure that this is rolled out not just to young people in university but to apprentices, young workers and those studying, to make sure that they get life skills and experiences that are so rich and that will stay with them for life?

Nick Thomas-Symonds Portrait Nick Thomas-Symonds
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My hon. Friend speaks powerfully about the transformative experience that she had. My aim today is to have, in years to come, others who can speak similarly of the transformative experience that they have had. With regard to moving forward, it will first be about the appointment of a national agency. It will then be about doing really important work next year to get the application process up and running, and about making sure that people have the necessary information and are supported to be able to take advantage of the wonderful opportunities that will be coming in 2027.