We all know how much money footballers can make. Even a Tory billionaire said this week that FTSE bosses - who are already in the top 1% of earners - should be paid like "top-rate footballers". At ...

The purpose of this was to compensate for an 80% cut to higher education teaching budgets, made at a time when the country was enacting austerity measures to recover from the financial crisis of 2008.