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Labour is “very close” to announcing a higher education funding policy for England, focused on addressing current real-terms cuts and putting the system on a “sustainable” footing, according to a shadow minister.

Matt Western, shadow minister for higher education, was speaking at Universities UK’s annual conference during a panel session on the policy outlook.

There has been speculation that Labour will opt for a graduate tax – and Mr Western’s comments seemed to leave the door open to that policy.

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