Universities in Wales have warned MPs that important research, innovation and skills projects are facing a “cliff edge” because of the loss of European Union structural funding.
Paul Boyle, chair of the Universities Wales research and innovation network and vice-chancellor of Swansea University, said about 1,000 skilled jobs were at risk.
Universities Wales said £370 million had been invested in university-related projects in the country through the European Regional Development Fund (ERDF) and the European Social Fund (ESF) between 2014 and 2020, and subsequent tail-off years.
Speaking at an event in Westminster today, Professor Boyle was due to tell cross-party MPs that 60 research projects will come to an end this year unless urgent bridging funding is provided.
