Sterling is going down, and inflation is going up. But for some large costs for universities, inflation is far higher than the nationally reported rates. Just another way Brexit is hurting higher education in unexpected places…
The Autumn Statement was on the whole a positive result for universities, paradoxically as a result of Brexit. Yet volatility in growth and inflation will matter more than ever for higher education in the coming years.
All the developments, reaction, detail and debate about the Autumn Statement 2016 for the higher education, research and science communities during the day of announcement – Wednesday 23rd November 2016.
Research, innovation and skills will all be a critical part of the government’s upcoming industrial strategy. Maddalaine Ansell worked on industrial strategy during her time in government and argues that universities must sell themselves as essential national assets for a new industrial plan.
Ahead of Wednesday’s Autumn Statement, Andy Westwood previews what we might expect and walks the narrow passage that the government desperately needs to navigate to keep the UK economy on track and provide some hope of staving off disaster post-Brexit.