The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
The government is promising millions of pounds of extra funding for Combined Universities in Cornwall (CUC). The estimated £21 million will be used to create new higher education facilities at campuses across Cornwall. The cash will match European grant aid, resulting in a total of £55 milion for the expansion of the Falmouth-based CUC.
The government hopes that expansion of the CUC will lead to more than 2,000 extra jobs in Cornwall by 2025. The extra money will lead to the creation of about 2,400 student places by 2010, with a total of more than 7,300.
Sources
24 March 2005: BBC News
Citation
Eurofound (2005), Combined Universities in Cornwall, Business expansion in United Kingdom, factsheet number 61306, European Restructuring Monitor. Dublin, https://dev.eurofound.europa.eu/restructuring-events/detail/61306.
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