Once registered you can read a total of 3 articles each month, plus:Universities UK analysis claims that students from the rest of the European Union ‘spend money and create jobs in all corners of the UK’Universities UK has launched its fightback against the prospect of further funding cuts with the publication of a study highlighting the economic benefits of higher educationFee and subsidy overhaul will not solve anything, policy guru says, as government reforms go under the microscopePanel stresses importance of ethics training for field that generates moral questions ‘on steroids’No redundancy target announced as Australian university braces for massive loss of international earningsSenate vote suggests government has a fight on its hands with proposed funding changesIf you like what you're reading online, why not take advantage of our subscription and get unlimited access to all of You'll get full access to our website, print and digital editions.“England's universities have a vital role to play in generating the knowledge and skills needed to fuel our economy. The contribution of education to economic growth Catherine Grant Institute of Development Studies 03. They were also estimated to receive more in family benefits and tax credits. As well as this, there are big growth opportunities in areas like education technology, services and satellite or partner campuses.Education is a fundamental part of our offer to the world, and we will work to maintain and grow this in the years to come.This is another record year for education exports. Oxford Economics (2018) found that the negative net fiscal contribution of non-EEA migrants was primarily due to higher spending on education of children, since non-EEA migrants are currently more likely to have dependent children than the UK born. London has the biggest share of overseas students, but the biggest economic impact is in Sheffield 1) Universities contribute …

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Sector’s economic contribution increased by 15 per cent in three years, finds Oxford Economics analysis for UUKUK universities generate £95 billion for the country’s economy and support more than 940,000 jobs across the nation, according to an analysis from Universities UK.The research, which relates to the 2014-15 year, found that universities’ gross contribution to the economy represents an increase of 15 per cent in real terms since 2011-12.The study, which was produced for Universities UK by Oxford Economics, also said that the gross value added contribution of universities’ own operations to the country’s gross domestic product is £21.5 billion (or 1.2 per cent of GDP), 22 per cent greater than that produced by the whole accountancy sector and almost 50 per cent more than the contribution of the advertising and market research industry.The £95 billion figure relates to the contribution once the knock-on effect of their expenditure was calculated.Universities also support more than 940,000 jobs, or 3 per cent of the total, across the UK, according to the study.International students generated a total of £25.8 billion in gross output, through on- and off-campus spending by them and their visitors, and supported 250,000 jobs, the report said.The analysis added that universities now generate a larger annual turnover than the UK’s legal sector, the advertising and marketing sector and air and spacecraft manufacturing.Meanwhile, less than one-third (31 per cent) of universities’ income came from the public sector in 2014-15.However, Janet Beer, president of Universities UK and vice-chancellor of the “This report is a timely reminder to policymakers of the increasing economic, social and cultural impact of universities on their local communities,” she said.“Universities are often the largest employers in their area and, through links with businesses and in attracting students from overseas, they bring in significant investment from around the world to all the UK’s nations and regions. EU research funding generates more than 19,000 jobs across the UK, £1.86 billion for the UK economy and contributes more than £1 billion to GDP, according to this report produced for Universities UK by Viewforth Consulting.

These high standards, found right across the board, have led to around 460,000 international HE students studying here in 2017/18.Don’t include personal or financial information like your National Insurance number or credit card details.To help us improve GOV.UK, we’d like to know more about your visit today. 1) …


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