The UK government’s rejection of a bailout for UK universities is significant, not only for institutions that must now cut costs and jobs, but potentially for the UK taxpayer, too. The requested £2.2 billion was turned down with hints from Whitehall that some future support might be forthcoming, if tied to reforms of the sector […] … learn more→
Tag Archives: bailout
Is this a Lehman Brothers moment for UK higher education?
Could there be a revolution in Greece?
So the deal is this: the EU and the IMF have demanded that Greece put in place austerity measures in return for a 130 billion euro bailout. That\’s £110 billion and $170 billion by the way. As the austerity measures in Greece have tightened, so the rate of suicides in the country have escalated, and […] … learn more→