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University Funding (Yorkshire)

I am sure that the Minister's officials will have looked at the speech I made in this Chamber in January, in which I complained about the previous Government's cut to university funding. So I agree with him on that. However, what does he think our competitors are thinking? Higher education is the one sector in which we are the world leaders—we compete with the Americans, the Australians and the Canadians—but suddenly we are going to start cutting it by 25%. That is what he is predicting—25%.