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Universities No plans for bailout, says Phillipson

The Guardian

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July 23, 2024

Universities in England facing severe financial difficulties should not expect a government bailout, the education secretary said yesterday, despite warnings from the sector of thousands of job losses, course closures and even bankruptcies.

- Sally Weale

Universities No plans for bailout, says Phillipson

With 40% of institutions projected to run budget deficits this year, Bridget Phillipson said she was "determined to develop a brighter future for universities" and help to put them on a "sustainable footing in the long term".

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