Welsh universities face job cuts as EU research funds end

Universities in Wales face more than 1,000 skilled jobs being lost because of the withdrawal of European Union structural funds, with leaders saying that the replacement finance promised by ministers will not match the lost support, writes Richard Adams for The Guardian.

Since 2014 Welsh universities have received about £370 million (US$446 million) in research projects from EU structural funds but, after the UK’s withdrawal, its support for 60 ongoing projects will end this year.

Professor Paul Boyle, vice-chancellor of Swansea University and chair of the Universities Wales research and innovation network, told MPs that the projects and the jobs could be saved with an urgent injection of £71 million in bridging finance to keep them running.
Full report on The Guardian site