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Student support: restricted modification of repayment terms

Part of Oral Answers to Questions — Work and Pensions – in the House of Commons at 6:45 pm on 21st November 2016.

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Photo of Jo Churchill Jo Churchill Conservative, Bury St Edmunds 6:45 pm, 21st November 2016

How does the hon. Gentleman explain the fact that covering the figure of £12 billion would mean a rise in corporation tax of between 4% and 5% rather than the 1% that he stated? Is it not the case that surely we need business and industry to be making money in order to create the jobs and opportunities for students once they leave education?