The Vice-Chancellor of the University of Oxford has warned that Brexit could cost Britain’s universities billions in lost research funds.
Britain’s Universities are amongst the most successful not just in Europe, but the world, and have a major research footprint. But Brexit threatens to deprive universities of billions of European research funds because currently UK universities are major net beneficiaries of Europe-wide research funding.
Commenting, Layla Moran Oxford West and Abingdon MP and leading supporter of the People’s Vote campaign said:
“Britain’s Universities are a huge success story and one of our biggest export industries.
“Their success is founded on their world class research achievements and now we know that Brexit puts much of that at risk.
“Every day it becomes clearer that Brexit brings with it costs that were never discussed at the time of the 2016 referendum. That is why it is now essential that the decision on whether or not to accept the final Brexit deal is put in the hands of all of the people and not just 650 politicians in Westminster.”
Notes to editors
More details of this story can be read here: https://www.theguardian.com/politics/2018/may/10/brexit-could-cost-uk-research-sector-billions-says-oxford-boss