Clegg under fire over fees as violence mars student protest

Nick Clegg came under renewed pressure over his tuition fees u-turn at Prime Minister’s Questions today as 50,000 students marched on parliament in the biggest protest against the government since it came to power. However, violent scenes at Millbank Tower, home of the Conservative party, cast a pall over the demonstration.

Bank of England forecasts lower growth and high inflation

In his opening remarks at the press conference to launch the report, Mervyn King, the Bank’s Governor, highlighted how these uncertainties mean that inflation could turn out higher than forecast (for example if commodity prices continue to increase at a rapid pace or if inflation expectations rise) or lower than forecast (if wage increases remain low and import price inflation fades).

Clegg’s dubious jobs claim

Nick Clegg writes in today’s Guardian about welfare reform. But his claims on jobs, incentives for work, the welfare bill, and poverty do not stack up.

Cost of studying for a degree to double by 2012

The annual cost of studying for a degree will double by 2012 – having already risen 300 per cent since 1988, through a combination of grant cuts, rising living costs and tuition fees, which the government last week confirmed would increase to a maximum £9,000 per year. The news comes as thousands of students prepare to march on Westminster today to protest the coalition’s “looming, savage education cuts”.

Public unaware of just how much those at the very top are paid

Today is the official launch of an independent inquiry into high pay. The aptly named High Pay Commission has been established by Compass and is supported by the Joseph Rowntree Charitable Trust. To mark the launch the commission conducted private polling with YouGov which had some remarkable results.

More immigration cap anger from small businesses

Fast-growing small businesses are the latest group to speak out against the immigration cap, saying the restrictions on hiring non-EU migrants are forcing them to turn away work because they are unable to hire the right people. The news follows twin criticisms of the cap last week from the prime minister’s election speechwriter and the House of Commons Home Affairs Committee.