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Are Welsh Universities facing cuts? - an update

Just over a week ago, I wrote about some of the financial problems that Welsh Universities could be facing in the current economic climate.

When I put pen to paper, little did I know that the Times Higher Education was about to publish a stark warning that "institutions could be facing financial ruin unles they make radical changes to the way they work".

In an article headed "Storm warning:change now or perish institutions told", the academics' trade journal warned that there may be up to 30 institutions facing a deficit this year and that a number could close.

The question that the Welsh Press and Welsh politicians have yet to ask, of course, is whether any Welsh universities are in such a precarious financial position and, more importantly, what effect this could have on the delivery of higher education in Wales?

Comments

Universities are in a financial mess. My Russell group employer has frozen "non-essential" recruitment, let non-funded temporary contracted academics go, and even offered non-research-active Teaching Fellows voluntary redundancy. All this to save 10 per cent on the departmental budgets for the Vice Chancellor.

So my post ends on 1 September and I have to find another job, despite many other universities being in a similar boat financially! Time to leave academia, methinks...
a depressed academic said…
Why isn't the BBC examining the financial state of Welsh universities? They are in a mess thanks to the ineptitude of their vice chancellors.

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