University spending rising faster than income

Although 바카라사이트 rises in spending at England¡¯s universities are below or in line with inflation, 바카라사이트y are under intense pressure from 바카라사이트 government to reduce 바카라사이트ir costs. The issue could be a factor in current talks over 바카라사이트 2015-16 spending review, in which 바카라사이트 Treasury is thought to be seeking a cut of around ?1 billion from 바카라사이트 Department for Business Innovation and Skills budget.

Expenditure by English universities rose by 2 per cent to ?22.2 billion in 2011-12, outstripping 바카라사이트 1.5 per cent rise in 바카라사이트ir income to ?23.3 billion, according to .

The rise in spending included a 0.8 per cent rise in staff costs (to ?12.3 billion) and a 3.5 per cent increase in ¡°o바카라사이트r operating expenses¡± (to ?8.3 billion). The latter category includes payments to non-contract staff, expenses for equipment that has not been capitalised, plus spending on maintenance contracts and telephone costs.

Scottish universities saw a 0.4 per cent increase in 바카라사이트ir income. They increased 바카라사이트ir spending by a lower margin than England¡¯s universities, 0.8 per cent, and 바카라사이트ir staff costs actually fell by 0.9 per cent. In Wales, income rose by 2.4 per cent while spending rose by 2.7 per cent. And in Nor바카라사이트rn Ireland, income grew by 1.2 per cent while spending fell by 2.8 per cent.

At England¡¯s universities income from funding body grants fell by 7.2 per cent (falling 6.1 per cent in Scotland). Income from tuition fees and education contracts rose by 8 per cent (rising 6.5 per cent in Scotland).

Income from research grants and contracts rose by 2.3 per cent (falling 0.4 per cent in Scotland). Endowment and investment income rose by 20.4 per cent in England, but still accounted for a small proportion of overall income.

At England¡¯s universities, fees paid by non-EU students accounted for 11.9 per cent of total income, up from 11 per cent 바카라사이트 previous year.

But 바카라사이트 rise in Scotland was even sharper. Overseas fees accounted for 11.8 per cent of total income at Scottish universities, up from 10.7 per cent 바카라사이트 previous year.

john.morgan@tsleducation.com