Universities Wales statement on the revised Welsh Government draft budget

Responding to the National Assembly’s draft Budget debate this afternoon, Chair of Universities Wales, Professor Colin Riordan, said:

“We are very appreciative of the understanding that Ministers have shown for the concerns of universities and students following the publication of the draft budget. Whilst the funding outlook for 2016/17 remains unprecedentedly tough, we are now more confident that Welsh universities will be able to manage in the short term until future challenges can be faced.  The outcome of the forthcoming Diamond Review remains crucial to the sustainability of our universities and, alongside it, to the role our universities play in driving forward economic and social wellbeing for the benefit of the people of Wales”.

“We hope that, as a result of the cross party support universities have received through the budget process, we can build a consensus regarding the value of universities to Wales”.