26 Acknowledged

They also found that ‘ancient’ universities were generally better placed to withstand these pressures, because...

Conclusion
They also found that ‘ancient’ universities were generally better placed to withstand these pressures, because of their ability to generate income from other sources and the balances in their reserves, but they faced strong competition from other universities in the UK and the rest of the world.49 Financial impact of the pandemic
Government Response Summary
The government acknowledges higher education as a devolved responsibility and emphasizes its ongoing engagement and collaboration with the Scottish Government to support the sector and recovery efforts.
Government Response
Acknowledged
HM Government Acknowledged
While higher education remains a devolved responsibility of the Scottish Government the inquiry provides an important opportunity to consider how areas of reserved UK Government policy can have an impact on the sector. It will be important to continue our close and constructive working relationships with the Scottish Government as we look to support the sector and recover from the challenges posed by COVID-19. Scotland has a strong global reputation for higher education and research and we need to work together to ensure this continues. Higher Education in Scotland is, for the most part, a devolved responsibility. We recognise that the whole of the UK benefits from stability across Higher Education. We appreciate the importance of continuing to work closely with the Scottish Government as we recover from the COVID pandemic. There has been and continues to be engagement at ministerial and official level with the Scottish Government (and the other devolved administrations) to exchange information and policy developments across a range of issues facing education systems in the UK. Furthermore, the UK Government has been working tirelessly to support businesses and the economy in Scotland including our universities.
Addressee Bodies
Scotland Office
Timeline
Recommendation age 5.2 yrs
Report published 28 May 2021