Russell Group backs measures to stabilise higher education sector
10 April 2020
The Russell Group has responded to the proposed measures to achieve stability in the higher education sector following the COVID-19 crisis.
Supporting the package of measures proposed to enable universities to play a critical role in rebuilding the nation, Dr Tim Bradshaw, Chief Executive of the Russell Group, said:
"The whole Higher Education sector – like almost all others in the UK – is at risk in these unprecedented times. The financial situation for universities is complex with everything from international student flows to charity and collaborative research income disrupted by the COVID-19 crisis.
"There are no simple solutions and while our universities play their part in responding to the immediate crisis through research, testing and practical support for the NHS, they are also taking steps to make savings and deliver the best value for every pound they spend. However, to secure long-term sustainability for students and for the UK's vital research and innovation base, sector-wide financial support and stabilisation measures are needed.
"As we look to the future, it is vital the country is in a strong position to bounce back again after this crisis. More than ever, the UK will need the skills, research, innovation and expertise universities bring. We therefore support the full package of measures that have been developed with Universities UK on behalf of the whole sector. The right investment now will underpin the future growth and prosperity of the country."
