Scottish government warned not to rule out tuition fees
Despite the fact that the Scottish government has promised a "unique solution to Scottish further education fees" the SNP has been warned not to rule out tuition fees north of the border. The warning comes from the UK government which has for many years operated at a disadvantage to its Scottish counterpart in relation to tuition fees. The tuition fee system was abolished in Scotland some time ago and indeed the country has benefited from a massive influx of students from all around the world.
If the SNP was forced to introduce tuition fees north of the border this would be a massive blow to the employment market which is already struggling to pull away from the recent recession. The truth is that even though tuition fees are not charged north of the border there is a charge to UK taxpayers with no such thing as a "free lunch". The subject of tuition fees in the UK has been a matter for debate over the last few weeks and is set to grab the headlines in the short to medium term.
Recently we saw Vince Cable step forward with a suggestion for a graduate tax which would see the abolishment of tuition fees and the introduction of a graduate tax which graduates would pay for the rest of their working lives. Whether this is fair or not is a matter which will be discussed in great detail in the short to medium term.
Share this..
Related stories
Online shopping continues to grow in popularity
Even though it took awhile for the online shopping sector to take off, growth of 35% in 2007, 25% in 2008 and a forecast 13.3% in 2009 are substantial figures by anybody's standards. However, whether it is the recession or the fact that the rate of growth is slowing naturally, the fall from 35% growth to 13% in two years is substantial. However, retailers will be pleased to know that turnover is e...
Read MoreIs embarrassment holding back the reporting of fraud?
Despite the fact that a number of reports on both off-line and online fraud in the UK have shown a significant rise in victim numbers, there is growing concern that the vast majority of frauds are never reported to the authorities. Recently we saw the announcement that 15,000 frauds have been reported to the National Fraud Centre in the first quarter of 2010 which is a significant increase on prev...
Read MorePause for thought to save cash!
No matter how careful we are with our cash they will be occasions when we are out shopping and we may see something which we think we need but may cost a significant amount of money. So-called "impulse purchases" are often very well positioned in the stores we visit and catch our attention almost immediately. If you find yourself in a situation where you are looking to purchase something which you...
Read MoreOil trader loses $10 million
PVM Oil Futures is this evening at the centre of a rogue trading scandal with the announcement of losses approaching $10 million after a number of unauthorised trades were executed on Tuesday, 30 June. This was the day when the price of oil jumped significantly in a move which many believe was instigated and encouraged by these unauthorised trades.
The company reported the situation...
So Are The Oil Markets Are Being Squeezed By Suppliers?
While it is widely accepted that the current oil price does not fully reflect the supply and demand situation, comments from BP this week have thrown some light on what is really happening in the oil markets. For the first time since 2002 the amount of oil supplied by the oil companies has fallen, with a decline of 0.2% in 2007. When you consider this is at a time when oil consumption has risen...
Read More