THE FINANCIAL crisis gripping Welsh universities has worsened, with Bangor University announcing plans to cut 200 jobs in an effort to save £15 million. The move follows similar measures at Cardiff University, which is set to axe 400 positions, and the University of South Wales, which will shed 90 jobs and shut down several courses.
Bangor’s Vice Chancellor Professor Edmund Burke outlined the university’s dire financial position in an email to staff, citing a drop in international students, rising costs, and changes to national insurance as key factors. While the university hopes to avoid compulsory redundancies by extending its voluntary redundancy scheme, it has warned that enforced job losses may be necessary.
The crisis has sparked a political row, with Labour’s funding policies and tax hikes under fire. Welsh Conservative Shadow Cabinet Secretary for Education, Natasha Asghar MS, placed the blame squarely on the Labour Government’s handling of higher education:
“Labour’s National Insurance hike continues to heap pressure on industries across Wales and following the similar news from Cardiff University last month, it was inevitable these pressures would ripple across the higher education sector.”
“With universities already grappling with a £100m deficit and Labour’s tuition fee increases making higher education less appealing for many young people, Labour’s funding cuts and tax hikes are now jeopardising the future of our institutions, their staff, and students.”
“After 26 years of Labour failure in education, it’s clear that only the Welsh Conservatives have the solutions to fix these deep-rooted problems and secure a brighter future for Wales.”
The UK Government has also been criticised for immigration policies that discouraged international student enrolment, worsening financial struggles across the sector. Prof Burke noted that some top-tier universities have responded to the drop in international students by lowering entry grades, making it even harder for institutions like Bangor to attract students.
On Tuesday, Welsh Higher Education Minister Vikki Howells announced a further £19 million in funding for the sector, despite stating earlier this month that no extra money was available. However, universities have warned that this support falls short of what is needed to prevent further cuts.
Meanwhile, the University of South Wales has confirmed its own job losses and course closures. The institution will withdraw from some research topics and concentrate on crime, security and justice, health and wellbeing, the sustainable environment, and creative innovation. The university said it is making efforts to limit compulsory redundancies and provide support to affected staff and students.
With the financial future of Wales’ universities hanging in the balance, opposition leaders and university officials alike are calling for a long-term solution to prevent further disruption to students, staff, and the wider economy.