Geopolitics Alpha

UK willing to spend £450m a year on EU students if it can join Made in Europe scheme

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GEOPOLITICS ALPHAUK willing to spend £450m a yearon EU students if it can join Madein Europe schemeGEOPOLITICS ALPHA

Exclusive: Plan to allow students from bloc pay same fees as Britons contingent on entry to industrial programme, officials say Ministers are prepared to spend as much as £450m a year to give students from the EU discounted university fees, the Guardian has learned, but only if Brussels allows the UK access to its Made in Europe industrial programme. The UK government has drawn up plans to allow students arriving from the continent pay the same fees as British students, sources say, and is willing to spend hundreds of millions of pounds compensating universities to do so. Continue reading...

Directly affected

  • No company is named in this report.

Indirectly affected

  • EWU iShares MSCI United Kingdom ETF-2.3% 30d

    iShares MSCI United Kingdom ETF holds stocks listed in the UK, which this story is about (“uk”).

  • VGK Vanguard FTSE Europe ETF

    Vanguard FTSE Europe ETF holds stocks listed in Europe, which this story is about (“europe”).

  • HSBC HSBC Holdings-9.3% 18d

    HSBC Holdings (savings institution, federally chartered) is one of the largest the UK-based companies traded in the US, so news about the UK (“uk”) reaches its shares.

  • LIN Linde+10.7% 30d

    Linde (industrial inorganic chemicals) is one of the largest the UK-based companies traded in the US, so news about the UK (“uk”) reaches its shares.

  • ARM Arm Holdings-6.6% 30d

    Arm Holdings (semiconductors and related devices) is one of the largest the UK-based companies traded in the US, so news about the UK (“uk”) reaches its shares.

  • RIO Rio Tinto Group

    Rio Tinto Group (metal mining) is one of the largest the UK-based companies traded in the US, so news about the UK (“uk”) reaches its shares.

  • ASML ASML Holding N.V+1.0% 18d

    ASML Holding N.V (special industry machinery) is one of the largest Europe-based companies traded in the US, so news about Europe (“europe”) reaches its shares.

  • SHEL Shell+0.1% 13d

    Shell (crude petroleum and natural gas) is one of the largest Europe-based companies traded in the US, so news about Europe (“europe”) reaches its shares.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
EWUNo price data for this ticker———————
VGKNo price data for this ticker———————
HSBCNo price data for this ticker———————
LINNo price data for this ticker———————
ARMNo price data for this ticker———————
RIONo price data for this ticker———————
ASMLNo price data for this ticker———————
SHELNo price data for this ticker———————

Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.

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Exclusive: Plan to allow students from bloc pay same fees as Britons contingent on entry to industrial programme, officials say Ministers are prepared to spend as much as £450m a year to give students from the EU discounted university fees…

Source: The Guardian

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This story

12 out of 100

“UK willing to spend £450m a year on EU students if it can join Made in Europe scheme” scores 12 out of 100. The score uses 1 sources.