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.
Water firms issue misleading letters
15/10/2014 UK Water firms have been sending out misleading “debt collection” letters to customers who have missed payments. The letters are made to look like they are being sent from a third party debt collection agency, however they are actually being sent from the water companies. The misleading letters fool their customers into thinking their debt has been sold to a third party. The wa...Read More
Winter 2008 Gas Price Increase On Wholesale Market
As thoughts in the gas market now turn to the winter period and the expected increase in demand we saw a major surge in prices yesterday before they fell off their peak. Traders are now in a panic as a major Norwegian gas pipeline is currently closed and may remain so for the duration of the winter period. In the energy market at the moment it is just bad news after bad news!
Scottish Power latest energy company to increase prices
24/10/2013 Scottish Power has raised electricity prices by an average of 9%, whilst gas prices are expected to rise by an average of 8.5%. The price rises will become effective from 6th December 2013, just in time for the Christmas period in a move that follows a dramatic price increase from British Gas to become the fourth major energy supplier to increase their prices. It is believed that...Read More
Finding a balance between living now and retirement
One of the most difficult calculations you will have to do regarding your personal finances is finding a balance between what you can afford to put into a pension plan and what you need to live on today. While many people seem to ignore their pension arrangements until later in life, when perhaps they earn more money, you can give yourself a massive head start by starting your own pension plan ver...Read More
UK Family Disposable Income Falls 15% In 12 Months
News that the average UK family now has only £14,520 of disposable income per annum perfectly illustrates the increase in the cost of living in the UK. This is a fall of some 15% from the 2007 figure of £17,102 and there are suggestions that the current figure is set to fall further as the cost of living moves higher.
The disposable income figure is vital to fuel growth in the ec...