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Report: 'One in six Brits can't afford account fee'

Around one in six Brits say they could not afford to have a current account if "free" banking were ended, a study has found.

Around one in six Brits have said they won't be able to afford the the 'account fee' Credit: Gareth Fuller/PA Wire

Some 16% of people surveyed said they would be unable to pay a regular fee to hold a bank account, while more than eight in 10 (81%) said they would not be prepared to pay even a small flat monthly or annual amount, comparison website uSwitch.com found.

Three-quarters said they were against the idea of being charged a fee, while nearly a third (32%) said they would think twice about having a current account at all if they had to pay a regular fee to use it.

However, less than half (41%) believed that banking would still be free in a year.

Schools warned to keep cost of pupils' uniform down

Schools have a "moral responsibility" to keep the cost of pupils' uniform down, council leaders warned today.

Parents are forking out for expensive uniforms Credit: Barry Batchelor/PA Wire

Hard-pressed parents should not end up forking out for expensive uniforms because their child is attending a new free school or a converted academy that is "rebranding" itself, the Local Government Association (LGA) said.

It says that families do not have an "endless pot of cash" for new uniforms and is calling on schools to keep costs to a minimum.

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Universities' union: 'We need to invest in young people'

The University and College Union (UCU) general secretary has responded to new reports into the drop in university applications following a rise in tuition fees. Sally Hunt said:

Young people not applying for university have few other opportunities with levels of high unemployment and the difficulty securing other forms of education or training.

We need to be investing in our young people, not directing them towards a lengthy dole queue.

Labour: New fees 'putting thousands off' universities

The Government's decision to treble university fees are "putting thousands of people off" applying to university, Shadow Universities minister Shabana Mahmood said today.

Labour Universities Minister criticises new university tuition fees. Credit: Labour Party

Commenting on the Independent Commission on Fees report, which found that university applications are 15,000 lower this year, Ms Mahmood said:

"The Tory-led Government’s decision to treble tuition fees at the same time as cutting funding for higher education is already putting thousands of people off university who otherwise would be eagerly preparing to start their courses".

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Universities Minister: New fees 'much fairer'

Universities Minister David Willetts has defended the Government's decision to treble university tuition fees after independent experts said fewer younger people were applying for courses.

Minister for Universities and Science David Willetts Credit: Dominic Lipinski/PA

Speaking a week before A-level results are published, Mr Willetts said: "We do accept that after a peak last year, applications are down from 31.6% of people applying to university to 30.6%. That is actually still the second highest rate of applications on record."

Mr Willetts said the new system was still fairer and "much more like income tax", with repayment starting once students earn £21,000 a year.

Commission: 'Discernible difference' in university applications

The Government defended its decision to treble university tuition fees after independent experts said fewer young people were applying for courses.

An independent commission was set-up to establish whether there is any link between student numbers and tuition fees, which the Government has raised to a maximum of £9,000 a year.

Independent Commission for Fees chairman Will Hutton told BBC Radio 4's Today programme:

University fees are not going up in Scotland, Northern Ireland and Wales and the long-term trend of rising applications that we have seen in England is carrying on in Scotland, Northern Ireland and Wales. There is a discernible difference.

Survey: Three-fifths of young people say fees increase has influenced university decision

Nearly three-fifths of young people say the fees increase has influenced their decision about whether to apply to a university in the UK, according to a survey of around 1,000 teenagers.

The poll, published by the Independent Commission on Fees alongside its report, reveals that just under three-quarters of 15 to 17-year-olds in England say they are likely or fairly likely to apply to university.

  • More than a third (38%) said the overall cost of studying at a particular university would be a factor in their choice.
  • One in four (26%) said they would take tuition fees into account.

NUS: Students facing 'a new, hideously complicated and unstable funding system'

The applications cycle for the first group of students facing a new, hideously complicated and unstable funding system, scarce opportunity and high unemployment remains incomplete.

We don't yetknow whether or where those who have applied will study.

After next week's A-level results the clearing process will commence, and we remain concerned that applicants, particularly those from certain backgrounds, may not be in a position to choose whether and where to study, based on the right course and university for them.

– Liam Burns, president of the National Union of Students
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