Wales’s Universities on Sound Footing

Responding to press reports in England claiming that some universities across the border are under significant financial strain, a spokesperson for Higher Education Wales, today said:

“University leaders have taken steps in recent years to ensure that every higher education institution in Wales is on a sound financial footing.  This is reflected in the Welsh Funding Council’s independent judgement that none of Wales’s universities are ‘at risk’ financially. Despite the challenging outlook for funding in the coming period universities in Wales are determined that their financial sustainability is maintained – as this is in the interest of students, staff and other stakeholders. This will require a range of responses from universities, from internal and collaborative efficiency measures  to the reconfiguration of the sector.”