Ulster University says loan repayments will not impact on plans for Magee
Newly published financial reports have revealed that Ulster University has lost £54m over past two years
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Ulster University has lost £54.8m in the past two years with pension scheme obligations putting pressure on the institution’s finances.
The university’s income decreased by two per cent in 2020 due to the impact of Covid-19.
Somewhat unusually, the financial reports for the past two years have been published one month apart.
The 2018/19 report was originally due for publication in March 2020 but it didn’t appear online until December.