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UA responds to announcement on TPS consultation

Vanessa Wilson, CEO of University Alliance commented:

“We are extremely disappointed by this news which will have a significant financial impact on our members and the high quality education they provide. This is especially damaging, coming on top of a range of additional costs for universities as employers which the Treasury & the Government have imposed in recent years. It is also frustrating that this comes so late in the cycle as many universities will already be part way through their detailed financial planning.

The impact of this additional £80 million charge on universities in 2019/20, rising to over £140 million in 2020/21, will be felt by students in frontline teaching, research and support services. University Alliance will continue to campaign for a sustainable funding system that enables our universities to deliver the same valuable technical and professional education which this country is crying out for. We will be working with our members and other partners to make this case in the run up to the Comprehensive Spending Review.”