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The Browne Review report

Too depressing for words. If I can muster the energy, I'll write a longer commentary later this week. For the time being, let me echo the words of Sally Hunt: "Lord Browne's recommendations, if enacted, represent the final nail in the coffin for affordable higher education."

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UK Deficit reduction tour 2010-2015 : It's a big shit sandwich and we're all gonna have to take a bite.

The task for any future govt is to deal with the consequences of this crash diet. It will mean that there is a generation of taxpayers whose consumption is limited and this will have knock on effects in terms demand for houses, consumer spending, etc. The nature of unintended consequences means that we are entering unexplored territory.

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