UCL recovery may rely on redunancies

May 17, 2002

* University College London has warned that compulsory redundancies "might be unavoidable" as the college is failing to make £11 million of savings this year.

Provost Sir Chris Llewellyn Smith is "working urgently on a recovery plan" to concentrate activity on core strengths of teaching and research.

He said: "It is now clear that relying on income generation or savings programmes and/or additional government funding will not work any longer. The only alternative to decline is the radical review of UCL's activities that UCL council has endorsed."

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