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Covid-19 impact raises insolvency warning for university sector

Around a dozen universities could plunge into insolvency as a result of the Covid-19 crisis, which poses a significant financial threat to the UK higher education sector, according to research by the Institute for Fiscal Studies (IFS).

Covid-19 impact raises insolvency warning for university sector
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  • Shared by Accountancy Daily
  • July 08, 2020
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The think tank warns universities will experience large income losses from falls in student enrolment, especially of international students, as well as lockdown-related losses of income from student accommodation and conference and catering operations.

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