> the "strike" was ended by the simple expedient of allocating nearly all the new money to wage increases for lecturers
This makes it sound like the money from tuition fee rises went to the academics as pay. It didn't: they've now had real terms pay cuts for over a decade (here's one estimate [1]), as well as their pensions becoming worse.
The tripling of the price cap occurred in 2010; there was a strike in 2013 because university staff had had a real-terms pay cut of 13% in the 4 years from 2008-2013 [2].
It would also be more accurate to say that universities and vice-chancellors (rather than "academics") pushed for a raise in fees.
[1]: https://twitter.com/PWGTennant/status/1579061761013329921
[2]: https://www.ucu.org.uk/article/6846/Strikes-remain-on-at-uni...