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During a debate in the House of Commons on 12th October 2010, Barry Sheerman asked the Secretary of State for Business, Innovation and Skills, Vincent Cable: "Does the Secretary of State agree that our higher education sector is one of the most successful in the world and is probably our single most successful sector, and that that is so not because of the top four or top six universities, but because of the 100-plus universities that provide a fantastic service? We had this blood on the floor when we introduced top-up fees all those years ago, but after we did it we could see that the money we raised flowed into university salaries and into research. Will he guarantee me not only that this money will flow into our universities, but that he will not cut drastically the universities' budgets in a week's time?" Vincent Cable, Secretary of State for Business, Innovation and Skills answered: "I can certainly guarantee the hon. Gentleman that these sets of proposals will be welcomed by the university sector; if he reads the response of Universities UK, he will find that it welcomes them."