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Hunt for October in the red

After the new chancellor ditches the prime minister’s mini-budget, what next for universities?

As Sean Connery’s Soviet submarine captain Marko Ramius says at the start of his ill-starred journey: “Comrades, we sail into history!” We are certainly heading into both choppy and uncharted waters.

After the past 24 hours in Westminster, we could spend several paragraphs speculating over what happens next, when prime minister Liz Truss will go or who will replace her. Yesterday, The Telegraph reported that education secretary Kit Malthouse was a possible “compromise” candidate on the grounds that few MPs were sure what he stood for.

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