Politics · United Kingdom · 3 hrs ago

UK may offer EU students lower fees in bid for industrial scheme access

UK may offer EU students lower fees in bid for industrial scheme access

The UK government is considering matching EU students’ university fees to British students’ fees.

It could spend up to £450m a year compensating universities for the change.

The offer is tied to Britain gaining access to the EU’s Made in Europe scheme, which is expected to restrict trade with countries outside the bloc.

The UK sees access as a way to help British companies do business in the EU and strengthen ties with the bloc.

The fee proposal could cause domestic debate while many UK graduates are seeking changes to student loan repayments.

The two sides are still negotiating the fee and industrial-scheme issues ahead of a summit scheduled for 20 November.

Other potential agreements include emissions trading, agricultural products, youth mobility and access to European biometric databases.

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What people are saying

Person with knowledge of the talksUnnamed source
We are willing to give the Europeans what they want on fees, but we will have to get something significant in return. The biggest prize we are pushing for right now is access to Made in Europe, so there is a deal to be done there.
via Guardian
Government spokespersonUK government spokesperson
We are building an ambitious, close relationship with the EU that will strengthen our economy, protect British industry, and create more opportunities for young people across the UK.
via Guardian
Rachel ReevesFormer chancellor
economic interests, common values and basic geographical reality all point towards Europe
via Guardian