§ Mr. Andrew SmithTo ask the Chancellor of the Exchequer what action he proposes to take over the consequences for the Department for Education budget of the revenue effects of the postponement of the policy of transferring Student Loans Company assets to the private sector. [9177]
§ Mr. Waldegrave[holding answer 15 January 1996]: The postponement of the introduction of private loans will mean that the resultant savings will not be made in 199697. The Government will be considering what, if any, steps need to be taken as a consequence.