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Another Welsh university is facing the grim reality of job cuts as the higher education sector continues to grapple with mounting financial pressures. The combination of Labour’s National Insurance hike, funding cuts, and increased tuition fees is pushing institutions to the brink, jeopardising the future of universities, their staff, and students across Wales.
Commenting, Welsh Conservative Shadow Cabinet Secretary for Education, Natasha Asghar MS, said:
“Labour’s National Insurance hike continues to heap pressure on industries across Wales and following the similar news from Cardiff University last month, it was inevitable these pressures would ripple across the higher education sector.
“With universities already grappling with a £100m deficit and Labour’s tuition fee increases making higher education less appealing for many young people, Labour’s funding cuts and tax hikes are now jeopardising the future of our institutions, their staff, and students.
“After 26 years of Labour failure in education, it’s clear that only the Welsh Conservatives have the solutions to fix these deep-rooted problems and secure a brighter future for Wales.”