However, with pressure on public finances likely to remain over the course of the decade, public spending decisions will continue to be made in a challenging funding environment.
In this context, this report sets out the progress that has been made in each of the cross-cutting thematic areas identified in our 2011 report, 'Efficiency and effectiveness in higher education', the report of the UUK Efficiency and Modernisation Task Group.
We will continue to coordinate work with stakeholders from across the sector to identify major challenges, and to explore opportunities for leading a smarter, stronger sector. In doing so, we can help to ensure that our universities remain among the very best on the global stage.