Arts Cup 2015: UAL win 11-4 Full coverage of this year’s Varsity on page 24.
Official Goldsmiths student newspaper
Cyril Nri Interview
Goldsmiths Occupied
Heidi Mirza Interview
Spoiler Alert! Actor and Goldsmiths grad takes us behind the scenes on Channel 4’s Cucumber. Page 8.
Exclusive coverage from inside the occupation in Deptford Town Hall on Page 3.
Goldsmiths professor discusses the need for a broader curriculum on page 6.
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Issue 24 March 2015 Free
Photo Credit: Sha Luo (shaluo.co.uk)
Goldsmiths “going into deficit” according to Senior Staff Member Revealed: Goldsmiths plan to increase student numbers by up to 50 per cent by 2023
Goldsmiths is going into deficit according to a senior staff member, despite the university claiming to have “significant resources” last financial year. Liz Bromley, registrar and secretary at Goldsmiths told students that the university needs to find an additional £2 million this year, to cover rising national insurance and pension costs. “That’s before any additional costs come in,”
said Bromley at the Departmental Student Coordinator (DSC) annual project meeting on March 18. DCSs meet with department heads and university management every year, to present detailed feedback from students. Bromley added: “We’re not running an even balance sheet, we’re going into deficit quite quickly.”
If true, this means that Goldsmiths is bringing in less money than it has to spend.
but also includes money tied up in fixed-term savings accounts.”
When asked by The Leopard how Goldsmiths was going into deficit when it’s financial statement from last year said the university had significant resources including a positive balance of cash and investments of £35.6 million, a spokesperson for the university said: “£35.6 million ‘Cash and investments’ relates to money we have in the bank. This is not just cash we could withdraw right now,
“You’ll see [on the financial statement from last year] that we have £25.6m owed to creditors to be paid within one year. This will typically be suppliers who have payment terms of 30 days.” “Once all that’s paid, the figure is £10 million. We owe a further £25 million with payment (…continues on page 2)