Hard Evidence: are universities strapped for cash?

By Jill Johnes. English universities have known since June that there would be cuts to higher education funding. Now the amount and detail of the savings have been disseminated to universities: the sector must make a total saving of £150m. Some have argued this is evidence that the sector is in “perpetual financial crisis”. So what are the likely impacts of the latest round of cuts on universities and how will they manage their finances. More...