Oxford University has revealed that it has lost more than £100 million as a result of the global economic recession. Over the course of the past year investments in the University have fallen from £689 million to £593 million.
The University’s financial statement was published on January 12. It covered the period July 2007 to July 2008 and exposed what the University has described as a “relatively modest decline” of 5.1%, from £688.6m to £653.5m.
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