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.
OFT calls for consumer protection from targeted Internet advertising
In a repeat of the situation we saw last year, consumers and businesses in the UK may well become the centre of attention with regards to new Internet advertising systems which effectively track websites accessed by individuals and target adverts towards relevant subject matters. There are growing concerns regarding privacy issues and the fact that individual browsing activity could be used in a m...Read More
UK government gives approval for natural gas storage facility
The UK government has finally woken up to the gas supply issues which have become so prominent in the UK over the last few weeks. It has been revealed that "tentative" approval has been given for the construction of a £600 million natural gas storage facility in the UK. While this is obviously a very positive step on the road to replenishing and securing the UK gas supply of the future there will...Read More
Does Opec Rule The World?
Opec, or to give the organisation its correct title the Organisation of Petroleum Exporting Countries, seems to be at the centre of the worlds problems at the moment with members unwilling to increase supplies in order to pull the oil price down to lower levels. While there appeared to be some kind of breakthrough at the recent Saudi Arabian conference on the oil price, these seem to be nothing b...Read More
How Does The Exchange Rate Affect You?
The sterling / dollar exchange rate has always been a very important factor for UK businesses with a vast number of UK based groups trading with the United States. While the fall in rates will see exporters licking their lips in anticipation of a more competitive trading environment, it is a different scenario for those goods which are imported.
If a UK compa...
Would you take a pay cut to save your job?
The news that the 25,000 strong workforce of steelmaker Corus have offered to take a 10% pay cut has prompted the question, would you take a pay cut to save your job?
The move comes amid signs from the company that a number of factories were pencilled in for either a short-term shutdown or ultimate closure. This seems to have prompted a discussion between the unions and the company'...