Dark tales abound of various UK universities being at risk of breaching agreements with their banks. But what exactly are covenants? Why have they come to play such a prominent role in the conversation about sector health? And would breaking one really lead to institutional ruin? Helen Packer reports
Limits of current model mean trying something different can be challenging, according to Cara Aitchison, as government discussions start on future university funding
University says it has been forced into making ‘decisions we could have never previously imagined’ after steep drop in international student numbers