Analysis of the cash flow of United Kingdom universities

Abstract

This article examines the cash flow and debt financing of universities. It suggests that the sector has been successful in generating cash, reducing net indebtedness and investing in infrastructure, although there is some evidence of increasing short-term creditor levels. There may be some scope to develop borrowing/lending between universities.

Notes

*This is an agreement between universities and staff organizations setting out a basis for, inter alia, implementing a pay structure common to all types of staff working in universities, for example academic staff, technical staff, secretarial and clerical, and cleaning staff.

Additional information

Notes on contributors

Stephen Hicks

Stephen Hicks is a senior lecturer in accounting at the University of Worcester, UK.