British universities have never faced bankruptcy in their 900-year history, but the current financial distress suggests that might soon change. The largest higher-education union has called for an emergency rescue to prevent catastrophe, highlighting a crisis long foreseen due to precarious funding. Domestic tuition fees, frozen at £9,250 since 2017, have devalued to less than £6,000 in 2012 prices.
Matthew Brooker is an opinion columnist and editor with a focus on finance and business. With a background in finance and experience living in Hong Kong and China, Brooker offers unique insights into global economic trends and political developments. His work has been featured in various publications including Bloomberg News, Business Day, and The Washington Post.