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Universities: European Investment Bank

Question for Department for Education

UIN 45180, tabled on 6 September 2016

To ask the Secretary of State for Education, what assessment she has made of the potential effect of the UK's vote to leave the EU on the relationship between the European Investment Bank and UK universities.

Answered on

14 September 2016

The UK is and continues to be a shareholder of the European Investment Bank (EIB), and the EIB has publically stated that its engagement in the UK is unchanged. All existing loan contracts signed between UK promoters and the EIB remain in force, and the EIB has continued to sign and approve new projects since the EU referendum.