内容摘要："We shouldn't scare people with these things, we have a strong economy," he said.

"We shouldn't scare people with these things, we have a strong economy," he said.

The university had previously said it hadwith the pressure of increased costs and falling international student numbers affecting the whole higher education sector.

An offer of voluntary severance between June and September 2024 was taken up and approved for 155 staff and a second round closed earlier this month.The Welsh government has said that university tuition fees will rise to £9,535 a year from September 2025, in line with an increase in fees for English universities announced by the UK government.Cardiff University is the largest in Wales, with 32,725 students in 2023.

It is a member of the Russell group of 24 leading and research-intensive institutions, often considered to be the most elite in the country.Cardiff University is far from alone -

, the University of East Anglia and the University of Kent are just some of the institutions looking at how to deal with their multi-million pound financial deficits.

Almost three quarters of universities could be spending more money than they have coming in next year – with a total deficit of £1.6bn predicted - according to the regulator of higher education in England.Meanwhile, the yield on a 10 year bond surged on Wednesday to its highest since October 2008, to reach 4.784%.

The government generally spends more than it raises in tax. To fill this gap it borrows money, but that has to be paid back - with interest.One of the ways it can borrow money is by selling financial products called bonds.

A bond is a promise to pay money in the future. Most require the borrower to make regular interest payments.UK government bonds - known as "gilts" - are normally considered very safe, with little risk the money will not be repaid.