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Money saving expert Martin Lewis on Labour’s fees policy: ‘Poorer students will subsidise city investment bankers’

by Ian Shires on 28 February, 2015

Here’s part of what Martin Lewis, the Money Saving Expert, said on the BBC’s World at One today:

This is the worse type of politics for me. It is the politics that may appeal to people on the surface but it is financially illiterate…If any other party was launching a policy that effectively meant that poorer students would be subsidising city investment banking graduates, which is what this does, there would be protests in the streets and it would be led by the Labour party. I simply don’t understand how they’ve launched this.

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