Politics Summary: Wednesday, July 21st

The Conservative-led Treasury Select Committee expressed fear that the austerity set out in the Budget could hurt the poor disproportionately, according to the Financial Times. Although the findings stopped short of challenging the government’s plans for more rapid deficit reduction,test

Lib Dem support in free fall

Just 40% of Lib Dem voters approve of the Coalition’s performance. The dramatic fall-off in support sees twice as many deserters switching to Labour as to the Tories.

How Cable’s university tax may become a long-term burden

In the pursuit of implementing policies that will benefit the society as a whole in the name of fairness and progression, Vince Cable announced last week his intent of abolishing the current system of subsidised loans by possibly replacing it with a university tax.