Sale of Student Loans Bill
10:44 am
John Hayes (Shadow Minister, Innovation, Universities and Skills; South Holland and The Deepings, Conservative)
So that someone else can get in, I will make this my last question and give respite to the hard-pressed witnesses. The point about advice and experience is presumably that the Government are drawing on precedent. We have the precedent of the sale from 1998 and 1999. What specific lessons were drawn from that? What international comparisons are there? Has this been done elsewhere and what can reasonably be learned from that? The critical thing is that we get best value for money, that we sell at the right time and that the matter is managed as effectively as possible. It would be useful, therefore, to get some feel for what the Government have learned from past experience here and elsewhere.