Universities are facing increased pressures to deliver Net Zero (“NZ”), with students calling for action and commitments in addition to UK government targets. 

Historically, a treasury strategy has been seen as another piece of governance reporting that adds little on top of wider financial forecasting.

Major banks have typically been the main providers of short-term facilities to the Higher Education (“HE”) sector, with these facilities ranging from two to five-year tenors (and occasionally longer for the highest quality HEIs), with possible options to extend at lender discretion.