Commenting on the publication today by The Higher Education Statistics Agency (HESA) of graduate outcomes data and statistics in 2020/21, Professor Steve West CBE, President of Universities UK and Vice-Chancellor of UWE Bristol, said:
Official figures have been released on UK revenues from education-related exports and show a total figure of £27.9bn in 2021. 77.9% of this was accounted for by Higher Education.
Universities across the UK are today insisting they can play a bigger role in generating economic growth and are calling on the new Prime Minister, Rishi Sunak, and his government, to create the conditions to accomplish this in a new report.
Universities across the UK are taking part in a week of campaigning activity to highlight their role in local communities, boosting economic growth and creating opportunities for everyone to live longer, more fulfilling lives.
Responding to the announcement made in the Spring Budget of funding for investment zones, Professor Steve West CBE, President of Universities UK and Vice-Chancellor of UWE Bristol, said:
In a recent speech, the Secretary of State for the new Department for Science, Innovation and Technology outlined the department’s “singular goal” of leading the UK to science and technology superpower status by 2030. In the run up to the Spring Budget, Universities UK (UUK) in its latest report calls on the government to invest in University Enterprise Zones and use the UK’s pioneering universities to drive SME growth and rebuild the economy.
The government is being warned that jobs and talent are at risk, and over 100 local innovation, skills and business support projects teetering on the brink, because of delays and complications as European Union funding for local skills and training partnerships ends.
Business leaders, vice-chancellors and political stakeholders came together today at Universities UK’s (UUK) Degree apprenticeships and higher technical education conference, to discuss the benefits of degree apprenticeships. The one-day conference aimed to highlight the importance of degree apprenticeships and the role they can play in developing new skills to boost economic growth.
As universities prepare to welcome a new cohort of students, a new report by London Economics has revealed that higher education makes a £116 billion contribution to the UK economy - £130 billion including the spending of international students.