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Tag: Liam Byrne

  • Liam Byrne – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Liam Byrne – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Liam Byrne on 2014-04-07.

    To ask the Secretary of State for Business, Innovation and Skills, if he will break down by component elements the increase in the RAB charge from 33 per cent to 45 per cent.

    Mr David Willetts

    The increase in the RAB charge has been due to:

    – macroeconomic effects – earnings growth has been lower than expected since the £21,000 threshold was set making it more generous in real terms than was expected at the time it was set; and

    – modelling changes – we have made methodological improvements to our modelling of individual borrower’s earnings over time. We have done this through a new approach that takes greater account of an individual’s past earnings and of Student Loans Company data on actual loan repayments.

  • Liam Byrne – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Liam Byrne – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Liam Byrne on 2014-06-11.

    To ask the Secretary of State for Business, Innovation and Skills, what recent estimate his Department has made of the RAB charge for student loans issued after 2012.

    Mr David Willetts

    We estimate the RAB charge on these loans to be around 45%.

    The actual cost of issuing student loans will be dependent on future macro-economic circumstances, in particular earnings and we will continue to update our forecasts on a regular basis to take account of changes to short term and long term macro-economic assumptions.

  • Liam Byrne – 2014 Parliamentary Question to the Foreign and Commonwealth Office

    Liam Byrne – 2014 Parliamentary Question to the Foreign and Commonwealth Office

    The below Parliamentary question was asked by Liam Byrne on 2014-06-16.

    To ask the Secretary of State for Foreign and Commonwealth Affairs, how many meetings he has had with his Department’s Chief Scientific Adviser in the last 12 months.

    Mr Hugo Swire

    I have regular meetings with the Department’s Chief Scientific Adviser in my capacity as Foreign and Commonwealth Office Science Champion. However, as was the case under previous administrations, details of these internal meetings are not normally disclosed.

  • Liam Byrne – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Liam Byrne – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Liam Byrne on 2014-04-03.

    To ask the Secretary of State for Business, Innovation and Skills, what criteria is used to assess bids from local enterprise partnerships for the Local Growth Fund.

    Michael Fallon

    The criteria the Government will be using to assess Strategic Economic Plans and bids for the Local Growth Fund were published in July 2013. There are 3 key criteria: ambition and rationale, value for money and delivery and risk. The most successful LEPs will have strong, deliverable Strategic Economic Plans, evidenced by strong partnership working; robust arrangements for accountability; and effective collaboration across Local Enterprise Partnership geography. These LEPs will earn a greater share of the Local Growth Fund.

  • Liam Byrne – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Liam Byrne – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Liam Byrne on 2014-04-07.

    To ask the Secretary of State for Business, Innovation and Skills, what estimate he has made of the proportion of student loans issued under the (a) pre-2012 and (b) new funding system that will be fully written off.

    Mr David Willetts

    Our model is designed to estimate aggregate repayments across the full range of borrowers. It does not estimate outcomes at the individual level, such as the probability of an individual’s loan balance being fully written off.

    However, Student Loans Company data for early pre-2012 cohorts show that that around 10% of the cohorts up to 2005 have made no repayments since taking out their loans.

  • Liam Byrne – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Liam Byrne – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Liam Byrne on 2014-06-11.

    To ask the Secretary of State for Business, Innovation and Skills, if he will publish all forecasts held by his Department of the annual budget to be allocated to Unionlearn.

    Matthew Hancock

    The Skills Funding Statement published annually, sets out the funding priorities and available budget to support the further education (FE) and skills sector.

    Annual budgets allocated to individual programmes from the FE and skills budget, including Unionlearn is not published separately.

    As FE and skills budgets for future years have not been agreed, no annual budget has been forecast for unionlearn.

  • Liam Byrne – 2014 Parliamentary Question to the Department of Health

    Liam Byrne – 2014 Parliamentary Question to the Department of Health

    The below Parliamentary question was asked by Liam Byrne on 2014-06-16.

    To ask the Secretary of State for Health, how many meetings he has had with his Department’s Chief Scientific Adviser in the last 12 months.

    Dr Daniel Poulter

    As was the case under previous administrations, details of internal meetings are not normally disclosed.

  • Liam Byrne – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Liam Byrne – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Liam Byrne on 2014-04-03.

    To ask the Secretary of State for Business, Innovation and Skills, what the total value is of all bids received from Local Enterprise Partnerships for the Local Growth Fund to date.

    Michael Fallon

    All 39 Local Enterprise Partnerships submitted their Strategic Economic Plans to Government on 31st March. All proposals are currently being reviewed and assessed against the published criteria and it is too early to know the total call on the fund. However from an initial review it is clear that the Local Growth Fund is significantly over-subscribed, with bids totalling approximately three or four times the amount available.

  • Liam Byrne – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Liam Byrne – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Liam Byrne on 2014-04-07.

    To ask the Secretary of State for Business, Innovation and Skills, what his Department’s estimate is of the latest RAB charge for part-time students.

    Mr David Willetts

    The current estimate for the resource accounting and budgeting charge for part-time students is 65%.

  • Liam Byrne – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    Liam Byrne – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

    The below Parliamentary question was asked by Liam Byrne on 2014-06-11.

    To ask the Secretary of State for Business, Innovation and Skills, what the average unit cost per year to train an apprentice aged 24 is; and what proportion of such costs is borne by (a) the public purse, (b) apprentices and (c) employers.

    Matthew Hancock

    The cost of providing an Apprenticeship is highly variable.

    In 2012, the Department for Business, Innovation and Skills (BIS) commissioned a report from The Institute for Employment Research entitled: “Employer Investment in Apprenticeships and Workplace Learning”

    https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/32306/12-814-employer-investment-in-apprenticeships-fifth-net-benefits-study.pdf

    The report gives details of the costs of Apprenticeships to employers in several sectors for 16-18 year olds and for 19-24 year olds. It also compares the contribution of employers to that of the state.

    “