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.
Why is the gender pay gap still so large?
As we covered in one of the earlier post, the gender pay gap in the financial sector hits a high of 55% in the city against an average in the UK economy of 28%. While emphasis is being placed upon the city, where the pay gap and bonus gap is the largest, many people seem to be missing the point that on average there is still a 28% gap between the remuneration of men and women doing the same job. H...Read More
Students face cost of living crisis
08/10/2013 The National Union of Students (NUS) have claimed that students are facing a financial shortfall of more than £7,600 a year as loans and grants are failing to keep pace with rent and the cost of living. The NUS compared the cost of lining and studying for the 39-week academic year of 2013-2014 with the typical income from government loans and grants to find the shortfall. The NUS...Read More
So Who Is Buying All Of The Oil On Offer?
Over the last few months we have seen the price of oil go through the roof, we have seen airlines reduce their flight numbers and more and more companies experiencing severe financial pressure, but who is actually buying all of the oil on the market? Who is sitting on the reserves which are definitely there?
While the newspapers are full of stories about oil shortages and the curren...
British Telecom sees price restraints lifted by Ofcom
British Telecom has today promised a winter of intense competition in the UK fixed line, broadband and TV sector after Ofcom effectively lifted restrictions on the company's pricing policies. In simple terms, like all of the other operators in the UK telecom, broadband and TV sector, British Telecom will be able to subsidise its fixed line phone service in order to make "bundles" of phone, broadba...Read More
OFT looking towards review of Orange and T-Mobile merger
The merger of Orange and T-Mobile UK has prompted an admission from the Office of Fair Trading (OFT) that it believes a review of the merger should be instigated. A straight merger of the two operations in the UK would give the enlarged group about 37% of the UK mobile phone market with nearest rival Vodafone currently controlling around 25% of the market. As a consequence, there is a growing beli...Read More