§ 45. Mr. Fisher
asked the Secretary of State for Education and Science what reduction in expenditure will be required of the Open University in the period 1984 to 1986.
§ Mr. Brooke
My right hon. Friend has not set an amount by which the university is required to reduce its expenditure. The university set itself a savings target of £13.2 million for the period which took into account reductions in grant, its own estimates of inflation and additional costs above inflation. The reduction in grant on a comparable basis, allowing for Government estimates of inflation, was £4.7 million. The university has the freedom to increase its income through higher fees.