The University and College Union has today called on universities to invest in their staff as the latest financial sustainability report published by the Office for Students (OfS) showed universities are well placed to recover from the pandemic but should see a growth in income across the sector by 2024-25.
The report highlights that total growth across the sector is forecast to rise from £37.31 billion in 2020-21 to a record £45.72 billion in 2024-25.
The union said that the sector's recovery from covid and positive forecast was a tribute to staff who worked tirelessly through the pandemic to support students, and showed that the sector must now invest in its workforce.