As UCU continues to debunk the HE sector’s claims of poverty, further details are emerging of the true financial state of institutions. Here we share the numbers for the University of Bradford:

At financial year end 2022, our employer had total income of £145m and was able to post a surplus of £2.9m.

During that period the University increased its cash and short-term investments to £66m, an increase of £22m over the previous year (£44m) and from £26m in 2020.

Despite HE’s most valuable asset being its staff, just 52.4% was spent on staffing, falling from 59.3% the previous year