Beautiful Virgin Islands

Wednesday, Jul 15, 2026

UK: Universities warn of going bust without emergency funds

Universities across the UK are calling for emergency funding of at least £2bn, warning some institutions will go bust without it.

Universities UK says the coronavirus pandemic is threatening to sharply cut overseas student numbers and put universities in financial danger.

They are asking for controls on student numbers in each university, to keep fee income at similar levels to last year.

Universities are promising to honour any offers already made to students.

"Without government support, some universities would face financial failure, others would come close to financial failure and be forced to reduce provision," says a letter from higher education leaders to ministers across the UK.

Alistair Jarvis, chief executive of Universities UK, says the proposals would help universities to "weather the very serious financial challenges posed by Covid-19".

He says academic researchers have made a "huge contribution" to tackling the coronavirus pandemic - and their expertise will be needed in the "recovery of the economy and communities following the crisis".

They are calling for an extra £2bn in research funding and on top of that to provide emergency loans for universities that faced "significant income losses".

"Targeted support" should be available to protect strategically important subjects such as science and medicine, say the industry leaders.


This would be in response to cash pressures from the pandemic:

Universities receive almost £7bn in fees from overseas students - and there are fears that their numbers could be much reduced this autumn
The university sector says it has already lost £790m in cancelled business activities, such as conferences, catering and student accommodation
There is also uncertainty about whether campuses will be able to re-open in the autumn and whether many UK students will defer entry this year
There have been warnings of unprecedented "volatility" in this year's admissions - which, if left unchecked, could see some universities expanding but others left with too few students to be financially viable.

This is a particular risk for universities in England and Wales, which are highly dependent on tuition fee income.

In response, Universities UK is asking for controls on the number of students each university in England and Wales can recruit this year, keeping them to levels expected before the coronavirus outbreak, to stop financially unsustainable swings in numbers.

The scale of concern was suggested in an internal email from a Russell Group university seen by the BBC this week, which warned the university could lose a quarter of its income next year.

The letter from Universities UK to ministers says that to provide "stability" for students currently applying, all offers already made would have to be honoured if students made the required grade.

There is also a call to push back by a year the point at which European Union students are categorised as overseas students, when they will face higher fees and visa restrictions.

Jo Grady of the UCU lecturers' union said the plan was a "piecemeal approach that fails to recognise the size of the problem, or the damage we risk doing to our academic capacity".

Eva Crossan Jory, vice president of the National Union of Students, said any extra funding must support students, "especially considering the mounting discontent that courses are not being delivered as promised and demands for refunds".

She backed calls for the government to "step in" to protect higher education, but said it should include "refunding or all or part of the fees".

"The scale of the financial challenges facing higher education institutions are clearly very serious", said Scotland's Deputy First Minister John Swinney.

He promised to work closely with universities to help them "emerge from this crisis".

A Welsh government spokesman said universities had been "at the forefront of the battle against the coronavirus" and ministers would work to ensure they had the "necessary investment".

In England, a Department for Education spokeswoman said: "The outbreak poses significant challenges to the sector and the government is working closely with universities to understand the financial risks and implications they might face at this uncertain time."

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Harvard Astrophysicist to Lead U.S. Scientific Advisory on Unidentified Aerial Phenomena
On the Island That Did Not Yield to Trump, There Is No Electricity, and 10 Million Live in Darkness
Emergency Sirens Activated Across Bahrain as Interior Ministry Issues Shelter Directives
World Cup Visitors Turn American Big-Box Stores Into Souvenir Stops
Netflix Weighs Always-On Channels, Bundles and Short-Form Video
Passenger Is Pulled Partly Outside Ryanair Jet After Window Fails Mid-Flight
The AI Invoice Shock: Layoffs Didn't Save Managers Money — They Cost Them More
Concern: Sexually Transmitted Bacterium Among Men Develops Antibiotic Resistance
Following Massive Investor Demand: SK Hynix Raises 26.5 Billion Dollars on Nasdaq
Passenger Partially Pulled Out of Ryanair Jet After Cabin Window Fails Mid-Flight
After Four Years, and Under a Heavy Veil of Secrecy: King Charles Meets His Grandchildren, Harry and Meghan's Children
Severe Heatwave Drives Dangerous Ground-Level Ozone Pollution Across Two Thirds of European Union
Westminster in Freefall as Farage's By-Election Gamble Triggers Broader Systemic Crises
Institutional Fractures and Political Volatility Reshape Britain's Domestic Landscape
Deadly Fire, Health Emergencies and Political Upheaval Shape a Volatile Global News Cycle
Flight Instructor Jumped to His Death — Student Landed the Plane: "You Know What You Need to Do"
The Physical and Electronic Barriers Disrupting Domestic Wireless Networks
France and Morocco Open World Cup Quarter-Finals as Collina Defends Refereeing
Prince Harry Suffers Major Court Defeat in Legal Battle Against Daily Mail Publisher
Bonnie Tyler, Welsh Singer Behind Total Eclipse of the Heart, Dies at 75
Tech Pulse: The Future of AI and Screen Culture
Global News Briefing: Escalating Geopolitical Tensions and Corporate Shakeups
Global News Brief: Escalating Conflicts, Public Health Crises, and World Cup Drama
Federal Financial Framework Shifts as Treasury Launches Universal Savings Program for Minors
French Court Allows Le Pen to Run for Presidency, but with an Electronic Tag: "I Will Appeal, and I Will Run"
$1.4 Trillion: The Lawsuit That Could Crush Meta
Europe's Growing Struggle with Extreme Heat and Air Conditioning
UK Daily Briefing: Legal Developments and Social Issues
Political Turmoil and Rising Costs
Anthropic Reengineers Agentic Architecture to Shift Autonomous Workplace Automation to the Cloud
Logic Flaw in Windows 11 Permission Architecture Silently Consumes Hundreds of Gigabytes of Local Storage
Apple Advances Late-Stage Operating Systems with Fourth Beta Deployments
Global Crisis Alert: Escalating Middle East Tensions and UK Political Upheaval
Deep Purple Has Released Its Best Album in Decades
Microsoft Lays Off 4,800 Employees and Xbox Suffers the Hardest Blow
Morocco and France Advance as 2026 FIFA World Cup Enters Quarterfinals.
Historic 2026 Tour de France Opens in Barcelona With Revamped Team Time Trial.
Global Mergers and Acquisitions Approach $4 Trillion Defying Geopolitical Tumult.
Negotiators Advance 20-Point Framework for Gaza Ceasefire and Demilitarization.
OECD Warns Middle East Conflict Will Depress Global Economic Growth.
Ukrainian Drones Strike Major Oil Terminal in St. Petersburg.
World Meteorological Organization Issues Urgent Alert Over Rapidly Intensifying El Niño.
United States Commemorates 250th Anniversary With Diplomatic Summits and Global Flotilla.
Iran Begins Days-Long Funeral for Supreme Leader Khamenei Amid Strait of Hormuz Standoff.
Technology giant reports surging carbon emissions driven by artificial intelligence infrastructure demands.
Artificial intelligence adoption accelerates workforce reductions across the technology and financial sectors.
Global technology and financial conglomerates collaborate to launch a new stablecoin standard.
United States regulators lift export restrictions on a major frontier artificial intelligence model.
Luxury bags take over the World Cup: style, status symbol, or just showing off?
×