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Minister to threaten universities with fines for excessive salaries

Jo Johnson anticipated to divulge measures to curb vice-chancellors’ pay amid scholar nervousness over emerging tuition charges Universities who pay their vice-chancellors greater than £150,000 a yr may well be fined if they’re not able to justify “remarkable” salaries to the regulatory authority, the federal government is to say. The …

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FCA under pressure from select committee to publish leaked RBS report

Nicky Morgan says professional individuals’ report into defunct international restructuring staff will have to be revealed directly The Monetary Behavior Authority is dealing with pressure from the Treasury select committee of MPs to publish the report in to Royal Financial institution of Scotland’s afflicted industry restructuring unit. Nicky Morgan, the …

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