Bridget Phillipson, the education secretary of the university, is expected to announce an increase in tuition fees, which will align with the inflation of the retail price index. This change is slated to take effect from September 2025, impacting A-level students who are currently in the application process for universities. Since 2017, tuition fees have been capped at £9,250, but there is uncertainty over which month’s inflation figures will be utilised for this adjustment. If the fees are linked to the current inflation rate of 2.7 percent, tuition could rise to approximately £9,500 starting next year. Earlier reports indicated that the Government might aim to raise fees to £10,500 over the next five years, though ministers are hesitant to commit to any increases beyond the upcoming academic year, as they
Category Archives: BUSINESS-FINANCE
Namibian biodiversity expert negotiater Betty Schröder has been re-elected to serve on the Nagoya Protocol Compliance Committee under the Convention on Biological Diversity (CBD). Schröder was the chairperson of the committee and her re-election was held at the 16th Conference of Parties to the CBD in Cali, Colombia, last week. She represents the African continent on the committee. Schröder told The Namibian her re-election comes at a crucial time as Namibia faces increasing global pressure on its natural resources. She says as the continent rallies for the implementation of the Nagoya Protocol, designed to ensure the fair and equitable sharing of benefits derived from genetic resources, her continued contribution is pivotal. “With international cosmetic and pharmaceutical companies increasingly clamouring for natural and sustainable ingredients, Namibia stands at a crossroads: poised
Nov
Zamfara State has been ranked as Nigeria’s leading Internally Generated Revenue (IGR) state performance on Index A. BudgIT’s State of States Report for 2024, launched last Tuesday, is an annual publication evaluating each state’s long-term fiscal performance and sustainability. A statement by the spokesperson of the Zamfara Governor, Sulaiman Bala Idris, disclosed that the significant improvement in the growth of the Zamfara IGR by 240.44% is linked to the state’s decision not to rely only on the Federal Account Allocation Committee (FAAC). The statement added that the BudgIT report was obtained through its annual analysis, assessment and rankings of the fiscal performance of all 36 states, from the most to the least sustainable. The BudgIT report explained the significant growth in Zamfara State’s IGR, highlighting that from its bottom position
Nov
FILE PHOTO: Traders work on the floor of the New York Stock Exchange during morning trading on May 17, 2024 in New York City. (Photo by ANGELA WEISS / AFP) Global stock markets rose and the dollar slid Monday as investors steel themselves for a coin-toss US presidential election, an interest rate decision, and expected Chinese stimulus measures. Oil prices rallied around 2.5 percent after eight members of the OPEC+ group of producers said Sunday they would extend supply cuts until the end of next month. They had been delaying output hikes because of worries about slowing demand in China and the United States. All major European and Asian markets gained, tracking a positive lead from Wall Street ahead of the weekend. “Traders are gearing up for perhaps the most
Dr Paul Kofi Fynn — Chancellor, Wisconsin International University College, Ghana Shirley Asiedu-Addo Nov – 04 – 2024 , 10:48 Chancellor and Founder of Wisconsin International University College Ghana, Dr Paul Kofi Fynn, has been honoured with the distinguished Lifetime Achievement Award at the 2024 Ghana Business Awards. At the same event, Wisconsin International University College Ghana was awarded the prestigious title of “Educational Institution of the Year” at the 2024 Ghana Business Awards, held at the Kempinski Hotel in Accra. This esteemed event celebrated notable achievements by leaders and institutions across Ghana’s business, education, and public sectors. Dr Fynn was described as visionary leader with groundbreaking contributions to education, and enduring impact on economic growth in Ghana and the West African region. His award underscores his pioneering efforts in
Nov
November 1, 2024 4 minutes read Donald Trump winning the U.S. presidency next week would muddle the outlook for Chinese technology firms far more than a win for Kamala Harris, with executives saying his unpredictable style could lead as much to a reprieve for the sanction-hit industry as increased restrictions. The Republican candidate initiated a Sino-U.S. trade war during his 2017-2021 presidency by banning high-tech exports to China citing unfair trade practices and national security. Yet his combative approach coupled with his record of sudden, wide-ranging tariffs could unsettle U.S. allies and undermine any coordinated effort, Chinese tech executives said. He is tied in voter polls with his Democratic rival who executives expect to continue with the incumbent’s policy of regular, incremental changes to export controls and leveraging international alliances to slow
Nov
Transport operators refute reports of fare increases, urge public to ignore claims Featured Kweku Zurek Nov – 01 – 2024 , 08:27 Transport operators in Ghana have clarified that there is no increase in public transport fares, urging the public to disregard recent media reports claiming a 15 percent hike. In a press release issued today, the Ghana Private Road Transport Union (GPRTU) and the Ghana Road Transport Coordinating Council (GRTCC) condemned the reports as misleading, suggesting that they could be part of a deliberate effort to stir discontent among commuters. “Our attention has been drawn to news going around in some media houses headlined ‘Transport Operators announce 15% increase in fares effective 2nd November,’” the statement read. “We wish to place on record and for the information of drivers
Canada’s annual inflation rate decreased to 2.7% in June, primarily due to a slowdown in the year-over-year increase of gasoline prices, according to Statistics Canada. On Tuesday, the agency reported a 0.4% rise in gasoline prices in June, following a significant 5.6% increase in May. Excluding gasoline, the consumer price index rose by 2.8% in […]
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Jun
London authorities have apprehended two individuals suspected of operating an illicit cryptocurrency exchange, believed to have facilitated trades exceeding £1bn in unregistered crypto assets. The Financial Conduct Authority (FCA) conducted a search of the suspects’ London offices, while the Metropolitan Police confiscated digital devices from two residences in the city. The exchange, allegedly run by […]
Mistral AI, a Paris-based artificial intelligence startup, has secured €600mn in new funding, propelling its valuation to nearly €6bn. This significant investment comes just a year after the company’s launch, positioning Mistral AI as a strong contender against OpenAI, with backing from tech giants like Microsoft and Nvidia. The funding round, tripling the company’s valuation […]
Mike Lynch was cleared by a San Francisco jury after an 11-week trial CREDIT: Simon Dawson/Bloomberg
Jun
Tech entrepreneur Mike Lynch is gearing up to challenge the UK’s extradition treaty with the US, following his acquittal of fraud charges after a six-year legal battle. Lynch, the founder of Autonomy, plans to collaborate with former Cabinet minister David Davis to push for treaty reform, which currently allows the US to extradite British citizens […]
Singapore’s Prime Minister has pledged a comprehensive investigation following a British passenger’s death and critical injuries to six others due to severe turbulence on a Singapore Airlines flight from London. The flight, carrying 211 passengers and 18 crew, made an emergency landing in Bangkok. Lawrence Wong, the Prime Minister, expressed his condolences to the family […]
Lowe’s (LOW) Q1 revenue surpassed expectations, reaching $21.36 billion, despite a decrease in DIY projects. This figure is slightly higher than the anticipated $21.13 billion. The company’s same-store sales saw a 4.1% decline, a minor improvement from the 4.3% drop in Q1 last year. Lowe’s noted a decrease in everyday customers’ purchases of big-ticket items. […]
May
BALTIMORE (AP) — The container ship that caused the collapse of Baltimore’s Francis Scott Key Bridge, resulting in six fatalities, was successfully refloated at high tide on Monday. The vessel, named Dali, is now gradually making its way back to port, assisted by several tugboats. The Dali had been stranded at the collapse site for […]
NEW YORK (AP) – In the ongoing hush money case against Donald Trump, defense lawyers focused on discrediting the key witness, Michael Cohen, during Thursday’s proceedings. As the trial nears its conclusion, the defense is working to undermine Cohen’s testimony, which is pivotal to the prosecution’s case. Cohen, Trump’s former attorney, took the stand for […]