Universities UK (UUK), on behalf of USS employers, has today issued a joint statement with the University and College Union (UCU) outlining how both parties are working together on the future of USS benefits.
Following the March 2023 Joint Negotiating Committee (JNC) meeting, we wish to provide a progress update on three of the key commitments we made within the interim joint statement (dated 17 February 2023). These commitments were:
Ahead of the autumn statement on 17 November, we are urging the Chancellor to recommit to uplifting investment on research and development. This long-term investment will ensure that universities can continue to support growth and prosperity across the whole of the UK.
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.