Together, Aberystwyth, Bangor, Cardiff, South Wales and Swansea Universities represent over 70% of all students in Wales and more than 95% of the nation’s research activity. With a combined annual turnover of approaching £1 billion, with a significant contribution from international sources, the big five are a substantial economic generator for Wales.
“Wales’ development needs to be driven by real innovation. Such innovation will come from the depth and breadth of knowledge that our universities represent. We are already collaborating in fields including sustainable development, primary healthcare services, social recovery policies. We know that, collectively, our staff and our students can offer real help to business, the public sector and to individuals. Our first priority will be to help Wales work its way out of the current recession and, beyond that, to create a vibrant knowledge-led society and economy that puts Wales ahead of the game.
The five Vice-Chancellors and their staff are now working together to identify areas where their collective strengths can have an effect.