Part of the debate – in the House of Lords at 11:17 am on 30th June 2020.
My Lords, I declare my interest as a trustee of LAMDA. In the absence of more appropriate emergency grant funding to compensate for irrecoverable loss of revenues, the Government have encouraged universities to apply for business interruption loans. How does the Minister think these loans, designed for profit-making companies, can be repaid by non-profit HE institutions, other than at the expense of the quality of courses for future generations of students?