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Tuition fee cut expected.

Tuition fee cut expected.

Education Secretary Damian Hinds has told England's universities not to "scaremonger" over their finances, ahead of a review which is expected to call for a cut in tuition fees.

There have been warnings that lowering the fees to £7,500 per year could put some at risk of going bust.

But Mr Hinds accused universities of "distorting the picture" and said the sector was in good financial health.

The fees review is set to promise students better "value for money".

The review into student finance and university and college funding, chaired by Philip Augar, is due to report next week.

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