HC Deb 19 February 1985 vol 73 c421W
45. Mr. Fisher

asked the Secretary of State for Education and Science what reduction in expenditure will be required of the Open University in the period 1984 to 1986.

Mr. Brooke

My right hon. Friend has not set an amount by which the university is required to reduce its expenditure. The university set itself a savings target of £13.2 million for the period which took into account reductions in grant, its own estimates of inflation and additional costs above inflation. The reduction in grant on a comparable basis, allowing for Government estimates of inflation, was £4.7 million. The university has the freedom to increase its income through higher fees.