NUS’ £3 Million Financer Votes to Leave

loughborough

The snowballing NUS disaffiliation campaign got another boost today – Loughborough Union’s trustees have voted to uphold the student referendum to leave the NUS. Loughborough is now the fourth University to disaffiliate, and in leaving will take the £2,822,491 they hand over to the NUS’ services organisation. Throw in a £50,000 annual affiliation fee and revenues from the sale of discount cards, and the NUS stands to lose cumulative revenues of around £3,000,000 from Loughborough alone. Loughborough, which consistently tops the British Universities and Colleges Sport leaderboards, is full of the kind of fun-loving boozy types the NUS hates. Let’s see how the defunded NUS copes without the money…


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Quote of the Day

David Cameron speaking in Seoul today:

“The opponents of so called austerity couch their arguments in a way that make them sound generous and compassionate. They seek to paint the supporters of sound finances as selfish, or uncaring. The exact reverse is true. Giving up on sound finances isn’t being generous, it’s being selfish: spending money today that you may need tomorrow.”

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