Professor Floud added the postponed review must not be more than a "short delay".

BBC: University funding plans delayed again

But modest fees and flexibility will not be enough to sustain the region as an educational magnet, says Roderick Floud, vice-president of the European University Association.

ECONOMIST: Central European universities

Last month, the incoming head of Universities UK, Roderick Floud, speaking on behalf of university chiefs, added his voice to the criticism of the present system, saying that it was too complex and could deter applicants to higher education.

BBC: Blair hints at change in student fees