The financial state of Welsh universities improved significantly in 2004-05, according to a Higher Education Funding Council for Wales report. Only Swansea University and the Royal Welsh College of Music and Drama reported an operating deficit, compared with five institutions in the previous year. Swansea said its 拢1.7 million deficit was "planned".
The sector's surplus rose from 拢11.1 million to 拢16.2 million.
Register to continue
Why register?
- Registration is free and only takes a moment
- Once registered, you can read 3 articles a month
- Sign up for our newsletter
Subscribe
Or subscribe for unlimited access to:
- Unlimited access to news, views, insights & reviews
- Digital editions
- Digital access to 罢贬贰鈥檚 university and college rankings analysis
Already registered or a current subscriber?
Please or to read this article.