QMessenger Issue 71

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MONDAY 14th JANUARY 2013 ISSUE 71

QMESSENGER.CO.UK

THE OFFICIAL NEWSPAPER OF QUEEN MARY STUDENTS’ UNION

The Price of Student Housing:

West Smithfield Library Gutted

Image by Lloyd Ramos

£9,632,000 is needed by the university to level finances, the annual Queen Mary Financial Statement has revealed. The document, which can be accessed online at www.finance.qmul. ac.uk, reveals the startlingly large deficit that the university management faces, and outlines further plans for student and staff areas.

NEWS Re-Union Fair This Week

Despite signs that the university is suffering from a lack of funds, the Principal, Simon Gaskell, states in his opening report that he feels that the approach being taken, one of cautious acceptance, is the correct move, and ‘leaves QM well placed to face the challenges of the next few years.’ Gaskell also claims that the move of accepting the deficit

COMMENT

should ‘ensure that QM remained on track to achieve its headline objective of being a top-ten UK HEI (Higher Education Institute) by 2015.’, which would make the university more attractive to prospective students and staff. The news about the deficit is perhaps made all the more shocking when the other main financial

CULTURE

Patriotism and Best Books the Left and Blogs 2012

news of the year is considered: the decision by the university to charge new applicants the highest possible amount of £9,000 for an undergraduate degree. Gaskell explains this away however, stating that the sudden drop in government funding is yet to be met by the increased fees. ‘The phasing of these changes is such that the reduction in HEF-

SATIRE Jamie Oliver Fat Cat Fake

CE [Higher Education Funding Council for England] funding has preceded the inflow of increased tuition fees from students, creating a funding gap that was particularly apparent during 11/12.’ With the arrival of the higher fees, it seems the deficit will be compensated for, but the univer-

SOCIETIES

Continued on Page 3

SPORTS

Andrew Marr Kickabout with visits QM GeogSoc


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