Universities 'must help jobless'
Updated on 09 December 2008
Universities should use a £120 million VAT "windfall" to help well-paid professionals who lose their jobs in the recession, Skills Secretary John Denham said.
Ministers fear white-collar workers may steer clear of the sort of Jobcentre-based state help package to be unveiled shortly by the Government.
But Mr Denham urged universities, which as charities will benefit from the cut in the VAT rate to 15% announced in last week's Pre-Budget Report, to use the extra cash to offer alternatives.
These news feeds are provided by an independent third party and Channel 4 is not responsible or liable to you for the same.
