London Metropolitan University may be forced to close after a stand off between the government and the board of governors.

Councillor Abjol Miah, Respect prospective parliamentary candidate for Bethnal Green and Bow, has expressed his dismay at this threat.

"An authoritative report from the Higher Education Funding Council for England (HEFCE) has declared that Londion Met was overpaid as a result of a deliberate act of deception," said Councillor Abjol miah.

"Those responsible must be held to account. However the two groups of people who are entirely innocent in this debacle are the students and the staff. Yet their future is now in serious jeopardy. Not only that but the very future of a university which has provided the opportunity from many from a less privileged background to pursue higher education is in question."

"The government must act to secure the future of this university which boasts many excellent and presitigious courses and departments. They have bailed out the banks to the tune of tens of billions of pounds. A fraction of that money would secure the future of an institution that, unlike the City casino, performs not only a useful but an essential public service."

"I will be attending the emergency student union meeting this evening to pledge my support and the support fo the Respect Party to the students and staff who are threatened."

George Galloway, speaking from Bangladesh, pledged to work with his parliamentary colleague Jeremy Corbyn to urge the government to secure the future of the university.

Student Respect urges supporters to attend the PROTEST FOR THE BOARD OF GOVERNORS TO RESIGN - TUESDAY 15th DECEMBER at 4pm - Moorgate Building, London Met University.