RFT Express

Universities Cut to Fund the Rich

Sally Hunt the general secretary of the University and College Union told the Union’s annual conference that ministers are pursuing a policy of ignorance on education, where its’ education policy should be..

She asks ‘What kind of a government would want to cut colleges and universities by £1.5 billion while proposing a tax giveaway of £8 billion to big business. ‘The answer of course is a Tory led coalition, most of whom enjoyed free university educations, well free to them, courtesy of the tax payer. Big business put the Tories in power, shaped their manifestos with expensive advertising, it is only   Fair the Government should reward them. The resulting cuts will halve the number of extra places to 10,000 this autumn. Sally Hunt also warned the Lib-Dems not to go back on their promise to vote against an increase in fees from the current £3,225 per year.

Danny Alexander the new chief secretary to the Treasury, who took over from David Laws explains how he exploited a loophole to avoid paying Capital Gains tax on the sale of his tax-payer funded flat. He bought his London flat in 1999, then bought a home in his constituency of Inverness in 2005. He sold his tax payer funded flat in 2007, and bought another one. Because he sold the original flat within 3 years of purchasing his Inverness home, no Capital gains tax was payable. All legal and above board.

Vic Farron   RFT Express.

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