Personnel Today
  • Home
    • All PT content
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • Brightmine
    • Learn more
    • Products
    • Free trial
    • Request a quote
  • Webinars
  • Advertise
  • OHW+

Personnel Today

Register
Log in
Personnel Today
  • Home
    • All PT content
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • Brightmine
    • Learn more
    • Products
    • Free trial
    • Request a quote
  • Webinars
  • Advertise
  • OHW+

Latest NewsEconomics, government & businessEducation - further and higherRecruitment & retention

Failing universities should be closed to free up money for better institutions, says CBI chief

by Personnel Today 9 Jun 2010
by Personnel Today 9 Jun 2010

Failing universities should be allowed to close to free up money for elite institutions, the head of the CBI has said.

Richard Lambert, director-general of the CBI, admitted it was “politically explosive” to suggest closing or merging the worst-run universities but said it was “probably economically sensible”.

Lambert pointed to research that indicated members of the Russell Group of 20 leading universities could have deficits of around 12% of revenues in three years, the Daily Mail has reported.

In a speech at Sheffield University, he said: “Looking across the whole university system, a small number of institutions are already in serious financial difficulty.

Sign up to our weekly round-up of HR news and guidance

Receive the Personnel Today Direct e-newsletter every Wednesday

OptOut
This field is for validation purposes and should be left unchanged.

“If forecasts such as these are even faintly realistic, then a large cohort of universities is heading into very big trouble.”

He said if the government continued to fund all institutions, then “our best universities pay the price for the incompetence of the worst”.

CBI
Personnel Today

previous post
Northern Rock to cut 650 jobs and close final salary pension scheme
next post
Sainsbury’s chief executive paid almost £8m last year

You may also like

Graduate jobs this summer ‘will be toughest since...

25 Jun 2025

Employers bemoan Gen Z’s lack of ‘work readiness’...

24 Jun 2025

HR underprepared for likely increase in M&A activity

24 Jun 2025

Supporting employees through substance abuse

24 Jun 2025

Amazon invests £40bn in UK creating thousands of...

24 Jun 2025

With HR absence rising, is your people team...

24 Jun 2025

Level 7 apprenticeship funding cuts to cost employers...

23 Jun 2025

Skills receive £1.2bn boost in new industrial strategy

23 Jun 2025

Low-paid could receive ‘Britannia’ dividend under Reform’s non-dom...

23 Jun 2025

Man who used company credit card for himself...

23 Jun 2025

  • Empowering working parents and productivity during the summer holidays SPONSORED | Businesses play a...Read more
  • AI is here. Your workforce should be ready. SPONSORED | From content creation...Read more

Personnel Today Jobs
 

Search Jobs

PERSONNEL TODAY

About us
Contact us
Browse all HR topics
Email newsletters
Content feeds
Cookies policy
Privacy policy
Terms and conditions

JOBS

Personnel Today Jobs
Post a job
Why advertise with us?

EVENTS & PRODUCTS

The Personnel Today Awards
The RAD Awards
Employee Benefits
Forum for Expatriate Management
OHW+
Whatmedia

ADVERTISING & PR

Advertising opportunities
Features list 2025

  • Facebook
  • Twitter
  • Instagram
  • Linkedin


© 2011 - 2025 DVV Media International Ltd

Personnel Today
  • Home
    • All PT content
  • Email sign-up
  • Topics
    • HR Practice
    • Employee relations
    • Learning & training
    • Pay & benefits
    • Wellbeing
    • Recruitment & retention
    • HR strategy
    • HR Tech
    • The HR profession
    • Global
    • All HR topics
  • Legal
    • Case law
    • Commentary
    • Flexible working
    • Legal timetable
    • Maternity & paternity
    • Shared parental leave
    • Redundancy
    • TUPE
    • Disciplinary and grievances
    • Employer’s guides
  • AWARDS
    • Personnel Today Awards
    • The RAD Awards
  • Jobs
    • Find a job
    • Jobs by email
    • Careers advice
    • Post a job
  • Brightmine
    • Learn more
    • Products
    • Free trial
    • Request a quote
  • Webinars
  • Advertise
  • OHW+