How are university capital budgets holding up in the face of covid?

By Jordan Marshall2020-09-07T05:00:00

Covid-19 and the government’s exam grading fiasco have combined to leave universities in a deep administrative and financial hole. Jordan Marshall asks industry experts what the sector needs to do

Your starter for 10: what was the total capital expenditure across the entire university estate in 2019? Got to hurry you. No? Well, according to the AUDE Higher Education Estates Management Report, it exceeded £3.5bn for the first time. Bonus points if you can say what this year’s figure will be. Anybody’s guess? Correct.

Despite last year’s record capital spend, experts were actually tipping that universities were coming to the end of a wave of investment – and that was before covid-19 upended the financial viability of institutions and plans for capital expansion and upgrades.

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