Comment: London’s universities are vital to its economic growth

Comment: London’s universities are vital to its economic growth


In November, schooling secretary Bridget Phillipson outlined reforms anticipated from England’s larger schooling establishments earlier than guaranteeing any future funding enhance, together with increasing entry to larger schooling, fostering regional collaboration, and growing effectivity.

Her give attention to widening participation aligns with the London Development Plan’s aim of inclusive improvement. London already leads on this space – a current report by London Larger’s AccessHE division discovered that the proportion of free college meals-eligible pupils progressing to larger schooling is about to achieve 60 per cent inside a decade.

Nevertheless, disparities persist throughout boroughs, underscoring the necessity for focused interventions to make sure financial progress advantages all communities, not simply the wealthiest. London’s universities have the experience, assets and networks to assist flip the London Development Plan right into a actuality, however they can not do it alone.

To drive innovation, enhance productiveness, and safe a various, extremely expert workforce, companies should actively interact with universities, whether or not by joint analysis initiatives, industry-led coaching programmes or funding in college innovation hubs.

For his or her half, London’s larger schooling establishments should take steps to make their experience extra accessible. London’s future prosperity depends upon breaking down limitations between academia and {industry}, scaling {industry} collaborations, increasing funding for high-impact initiatives that drive financial and social mobility, and a expertise pipeline tailor-made to enterprise wants.

Now could be the time to for daring, coordinated motion. London’s universities may also help create a thriving, inclusive, and sustainable future, not only for the capital, however for the whole nation.

Amanda J. Broderick is Vice Chancellor and President of the College of East Anglia and Chair of London Larger. Diana Beech is London Larger’s CEO. Photograph: Metropolis St Georges, College of London.

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