Last week, hundreds of thousands of students found out their A-Level results. But the health of the universities these students have been studiously studying for is uncertain. Without significant investment into universities and university towns, many of the UK’s top educational institutions will lose their edge on the global stage.As the Labour Party sets about ‘taking the brakes off Britain’, it shouldn’t ignore one of the UK’s potential drivers of growth – higher education.
According to the think tank London Economics, UK universities account for around £130 billion worth of economicimpact and over 768,000 full-time jobs. And for every £1 of public money invested in research at the UK’s 24 Russell Group universities, more than £8.50 is generated for the UK economy.
