blackhole

Ben Wallace: £24bn funding boost is enough to fill MOD blackhole

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Ben Wallace today admitted he does not know how the Government will fund a £24 billion budget boost for the Ministry of Defence amid fears UK foreign aid spending will be raided. Boris Johnson has announced the armed forces will receive an extra £16.5 billion over the next four years on top of a previous … Read more

Thirteen universities facing closure after £19bill blackhole caused by pandemic

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At least 13 universities are at risk of closure amid a financial black hole in the sector of up to £19billion due to the pandemic, research suggests. They may need Government bailouts, debt restructuring or mergers to survive. And up to 20 universities could go to the wall if there is a significant second spike of … Read more