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.
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:
Universities are major players in attracting foreign direct investment (FDI), bringing in over a billion pounds in international business investment every year through their R&D and contributing to the government’s Science Superpower agenda. But often the shape, scale and impact of this investment is hard to describe at a sector level due to incomplete data and the variety of ways in which universities work with overseas business partners.
UK universities are global institutions, with students, staff and research partnerships across the world. This has allowed the sector, and the UK, to flourish.
However, there are risks associated with internationalisation which are increasingly dynamic and complex. This page summarises threats, best practice, guidance, and supporting services for UK universities.