§ Mr. Walter Harrisonasked the Secretary of State for Education and Science what information he has as to the number of business colleges which have been opened for management and supervisory courses during 1965.
§ Mr. CroslandThe new Business Schools at the Universities of London and Manchester will open later this year. Additional accommodation recently provided at technical and other colleges maintained by local education authorities is enabling more provision to be made for management and supervisory courses.
§ Mr. Walter Harrisonasked the Secretary of State for Education and Science (1) what will be the total capital cost of the business college constructed in Manchester;
(2) what will be the total capital cost of the business college constructed in London.
§ Mr. CroslandThe Working Party under the Chairmanship of Lord Norman-brook estimated that the total capital cost of constructing a Business School at Manchester was not likely to exceed £1 million, but that, due to the higher cost of a site180W in London, the capital cost of the London Business School would be something between £1,180,000 and £1,430,000. It is not possible to give more precise estimates until the sites of the two schools have been finally settled and detailed plans prepared.
§ Mr. Walter Harrisonasked the Secretary of State for Education and Science (1) what will be the annual cost of running and maintaining the new business college in Manchester;
(2) what will be the annual cost of running and maintaining the new business college in London.
§ Mr. CroslandThe Normanbrook Report estimated that the net recurrent cost of running and maintaining the new Business Schools in Manchester and London would be about £101,000 each in the first year, rising to £166,000 when they reached full capacity in the eighth year. I understand that the Business Schools have prepared fresh estimates of cost in the light of current salaries and prices and that these are being examined by the University Grants Committee.