Surrey University makes £15m cuts and offers redundancy to all staff Published duration 1 March 2019

image copyright Slideshow Bob image caption The university would not say how many jobs were at risk

The University of Surrey has offered voluntary redundancy to all staff as it seeks to make £15m cuts.

Vice chancellor Max Lu said universities faced "unprecedented pressures", including Brexit and a possible reduction in tuition fees.

Staffing levels will be reduced and £5m could be saved by "not filling all our existing vacancies", he said.

A spokesman refused to say how many jobs were at risk, but said compulsory redundancies could not be ruled out.

Mr Lu said: "Some of the main financial challenges include reduced income due to Brexit and an ever more competitive student recruitment environment, significantly increasing pension costs and a national review of tuition fee levels."

Mr Lu added: "Our university also faces the not inconsiderable impact of a fall in our national league table positions."

A spokesman said "the university sector as a whole is facing unprecedented challenges," adding: "These challenges mean that, without action, our expenditure is forecast to exceed our income."