Our browbeaten universities
Are university vice-chancellors paid too much? The government clearly thinks so, and is planning to fine universities that can’t justify paying their leaders more than the Prime Minister’s salary of £150,000 per annum. Louise Richardson, vice-chancellor of Oxford University (salary £350,000), strongly disagrees, and has contrasted her salary negatively with those of bankers and footballers. But bankers and footballers work in the private sector and so are not the concern of government. It’s surely an established principle that government can intervene in the pay of chief executives of public bodies, but not of private ones. And any fool knows that universities are public bodies. Or are they? Actually, Professor Richardson