Black Wednesday 2

Surprise, surprise, we're starting with money. Deficit of £5.6 million across the uni and an expected decrease in student numbers. Our pay rise (which brings us to parity with kindergarten attendants) is high up the list. The V-C's famous £12,000 pay rise doesn't appear.

HEFCE have clawed back £3m too. So much for widening participation.

The executive arsed up their inflation predictions, and apparently our colleagues are living too long on their pensions. He slips in something about the 'costs of pay moderation exercise', which I suspect is a way of glossing over consultancies. Would love to know how much that cost.