Monthly Archives: October 2010

In his first interview since taking up his new post as Shadow Chancellor, Alan Johnson today tells The Observer that planned ConDem cuts will be far worse than those seen under Thatcher in the dark days of the 1980s. One … Continue reading →

Having campaigned against any increase in university tuition fess, and with every sitting Lib Dem MP having signed personal pledges to that effect, today’s publication of the Browne report could mark the first major challenge to the ConDem coalition. Lord … Continue reading →

I just received this text from a good friend with reference to her 15 year old son : “I could cry – Jack’s had little financial privilege all his life, but at least you used to be able to increase … Continue reading →

Business Secretary Vince Cable today performed one of the biggest Lib Dem U-turns of the coalition to date, with his backing of Browne’s proposals to scrap the current cap on university tuition fees. Effectively making way for a free market, … Continue reading →

A report by respected accountancy firm PricewaterhouseCoopers (PwC), today warns that coalition spending cuts will lead to 500, 000 job losses in the public sector, with a further 500,000 knock-on redundancies in the private sector. It’s thought that business services … Continue reading →

Pensions tax relief will be slashed from April 2011. Currently high earners can bank up to £250,000 a year into their pension pots without paying a penny in tax. This will drop by 80% to £50,000 from next year, bringing … Continue reading →

Francis Maude today announced the abolition of 192 quangos with a further 118 to be merged. It’s thought thousands of jobs will go, but when pressed Maude refused to give any indication of how many people will be made redundant … Continue reading →

A leaked email to university vice-chancellors suggests that next week’s spending review could see teaching budgets slashed by a massive £3.2billion with a further £1billion being ripped out of research. That represents a whopping 79% cut in funding for university … Continue reading →

The publication of today’s Strategic Defence and Security Review (SDSR) will see the axing of the Royal Navy’s flagship aircraft carrier HMS Ark Royal and its fleet of Harrier jets scrapped “with immediate effect”. The Defence Review identifies four “tier … Continue reading →