May I put it to my right hon. Friend that the present Crisis in Stock Markets around the world is primarily an international rather than a national problem, and that it needs an internationally co-operative response?

Mr. Nigel Griffiths: To ask the Secretary of State for Education and Science what allowance has been made for the reduction in investment income which (a) Dundee, (b) Aberdeen, (c) St. Andrews, (d) Strathclyde, (e) Stirling, (f) Heriot Watt, (g) Glasgow and (h) Edinburgh universities have suffered as a result of the Stock Market Crisis of October 1987 and of changes in interest rates.