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HEFCE closed at the end of March 2018. The information on this website is historical and is no longer maintained.

Many of HEFCE's functions will be continued by the Office for Students, the new regulator of higher education in England, and Research England, the new council within UK Research and Innovation.

The HEFCE domain - www.hefce.ac.uk - will continue to function until September 2018. At this point we will close the site entirely and all its information will only be available from the National Web Archive.

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Capital investment

The sector continues to make a substantial investment in infrastructure to maintain and enhance its academic and student facilities. In 2015-16, capital expenditure totalled £3.8 billion, an increase of 14.5 per cent compared with 2014-15.

This level of investment is driven by a small number of institutions, with 18 contributing 50 per cent of the sector’s capital expenditure. A total of 53 institutions reported a decline in capital expenditure over the period.

Investment in infrastructure is particularly important given that the sector has increased its estimation of the amount needed to upgrade its non-residential estate to a sound ‘baseline’ condition. This was estimated to be £3.6 billion in July 2016. Inflationary pressures on the cost of construction are likely to push this figure higher.

Page last updated 3 July 2017