A University is offering a voluntary severance scheme to 500 staff to help it cope with a predicted £19.3m deficit.The institution said other factors were also involved, including rising pension costs and repayments on a new campus., one key factor in the deficit is a new rule which stops most international students from bringing family members into the UK during their studies.by 5%, and would have to start repaying the capital sum it borrowed to build the new Waterside Campus next year.
"It will only involve those who choose to leave the University voluntarily, and where there is mutual agreement." The University added that it would ensure "minimum disruption to teaching and life on campus for students" and would support staff "through to completion of the scheme and beyond".University and College Union
"However, we feel that the terms of the scheme mean that it probably won’t have the desired effect of inducing enough staff to leave to make an appreciable difference to the university’s finances. We are seeking to improve the terms at a meeting with the university leadership team next week."Nursery rated inadequate in first Ofsted inspection
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