Much has been written about the financial crisis in UK higher education in recent months. The underlying causes are well-documented – capped, non-index linked domestic tuition fees; stagnant domestic demand; tough international recruitment challenges exacerbated by immigration rules; rising pay, pension and tax costs; and upward the pressure of inflation on every aspect of operations.
In this context, Uniac’s 2024 risk register analysis provides timely insightabout how institutions are discussing, scoring and mitigating the risks to their financial sustainability, and how this is colouring the management andmitigation of other significant strategic risks.
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