Nic Dakin
Main Page: Nic Dakin (Labour - Scunthorpe)Department Debates - View all Nic Dakin's debates with the Department for Education
(11 years, 4 months ago)
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Nic Dakin (Scunthorpe) (Lab)
Can the Minister confirm that as a result of the current plans for further education loans, his Department forecasts 100,000 fewer learners in the sector? What is he going to do to make sure that does not happen?
Matthew Hancock
We are working very hard to ensure that those over the age of 24 in advanced learning have the opportunity to take out a loan if required. We are ensuring as best we possibly can that the process goes through smoothly and, most importantly, that everybody knows of the opportunities that are available due to the loans.
Michael Fallon
I expect the increase in capital allowances to have a positive effect. Under this Government, manufacturing share of gross domestic product is rising, but under the previous one nearly 1.7 million manufacturing jobs were lost, and our manufacturing share of GDP declined. The measures we announced in the autumn statement, together with the measures we have taken to rebalance our economy and put our public finances in order, leave British business very well placed to continue the recovery.
Mr Speaker
Order. We have already heard from the hon. Gentleman in substantive questions and it is not long before we will have the delight—I hope—of hearing from him again in topical questions. Members cannot, I am afraid, have two goes at substantives. One can almost have too much of a good thing.
Mr Speaker
I think on the strength of that answer there is plenty of scope for an Adjournment debate in which, no doubt, we will hear about the Nordic nostrums and views about neanderthals from the hon. Member for Huddersfield (Mr Sheerman), who was scarcely able to contain himself a moment ago.
Nic Dakin (Scunthorpe) (Lab)
T6. Sadly, people can be vulnerable to getting a Christmas debt hangover. The National Audit Office reported this week that debt management companies are making £0.3 billion a year. Will the Government take robust action in the new year to regulate debt management companies?