More capital funding provided to Ulster University for Coleraine than Magee College in ten years derryjournal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from derryjournal.com Daily Mail and Mail on Sunday newspapers.
Estimated costs for the portfolio of projects are now expected to cost just over £8bn instead of the £5.6bn projected in 2019. This is a 44% increase on
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.
Ulster University campus one of 7 major projects soon to transform Belfast
2020 has given us little to get excited about but here are some of the new buildings and complexes coming to Belfast soon
Designs of the new campus (Image: Ulster University)
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