Issue 264 | Tuesday 31st January 2012 | Fortnightly | Free
UEA’s Student Newspaper
UNION IN CRISIS Joshua Resoun News Reporter
The Union of UEA Students (UUEAS) is facing a deficit of a quarter of a million pounds for this financial year. Last year UUEAS experienced a deficit of £198,449, indicating a growing trend. Students’ Union Services (SUS), which operates under the parent body of UUEAS and provides student services on campus, endured a £74,496 loss last year. Publicly available documents reveal ever increasing losses for both SUS and UUEAS. For the year ending 31 July 2011, the Union suffered a 7% fall in bar sales, which led to the overall contribution from the Union Bars falling from £563,267 in 09/10 to £459,483 in 10/11. The recent decline in LCR club night ticket sales has attributed to the overall drop in bar revenue, as fewer students are attending the Tuesday and Saturday club nights compared to the 09/10 period. Both of these have struggled to sell-out in recent months. The revenue generated from club nights fell to £32,881 for the 10/11 period, a drop of £50,000 compared to the previous year. The Union has implemented a number of strategies in an attempt to reverse the drastic fall in bar and ticket sales. One change has been the extension of the LCR’s Saturday club nights until 3am.
Laura Smith
• Union set to face a £250,000 deficit this year • Falling bar and LCR revenue could impact upon clubs and societies funding • Without an increase in revenue, or cut in spending, the Union’s deficit appears could rise even further
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