A newly-conducted study has revealed that Manchester is ranked among the student towns and cities which have experienced some of the most significant cost losses due to the coronavirus (COVID-19) pandemic.
University towns and cities have also experienced a loss of income when students were forced to move off campus.
There’s no hiding the fact that the extended lockdown period has been financially challenging for all areas of the country, but for places that have a large student population – due to one or more major universities situated there – the coronavirus (COVID-19) pandemic has been economically catastrophic.
High streets up and down the UK also saw an 18.8% drop of non-food purchases in the three months leading to August, demonstrating the true cost that COVID-19 had.
Remove a huge proportion of a town’s student population, and the financial impact was even worse.
Now, this latest research – as released by educational consultant Studee – is highlighting the true cost of the pandemic for university cities and towns over the last six months.
As a whole, the UK lost £3.5 billion during lockdown, but how much has Manchester been affected?
Pixabay
The study has revealed that the city of Manchester will have sadly lost a staggering £106 million+ in income in total over the past six months of lockdown.
This figure can also be broken down to show the different causes of income loss in the city.
£3.3 million not spent on gifts and charity.
£5.5 million lost in the Health & Wellbeing sector.
£15 million lost at Manchester takeaways.
£16 million was lost through a lack of socialising.
£17 million wasn’t spent on public transport, or other transportation services.
£13 million not spent on clothes (or in the retail sector).
£35.6 million wasn’t spent on food and non-essential groceries.
When looked at nationally, it’s estimated that over £1 billion will have been lost in student towns and cities from grocery stores alone, £418 million may have been lost out on takeaways, £574 million lost from the transport industry over the last six months, £347 million lost from students not revamping their wardrobes, £172 million is likely to have been withheld from the health and wellbeing sector, and over £156 million is predicted to have been lost from students not giving to charities and buying gifts across the UK.
The largest overall loss nationally lies in the lack of socialising / social activities.
With nightclubs still closed and bars recently being told to restrict their opening hours, a night out on the town hasn’t been an option for students and freshers weeks this year have looked different indeed, meaning that a huge £577 million will have been lost in the UK from students not going out over the last six months.
So, how do the university towns and cities in the UK rank overall?
Biggest Overall Losses
According to the summarised research by Studee, the following towns and cities will have lost the biggest amount of money in total due to the number of students who live there.
When it comes to the towns and cities which will have felt the greatest impact from their losses, the city of Manchester doesn’t feature, nor do any towns with universities located within any of Greater Manchester’s 10 boroughs.
The top 10 list in this instance has been worked out by the percentage of the population likely to be lost when students leave, and how much money they would have spent.
Egham in Surrey – home to Royal Holloway University – comes in at the top spot on this particular list of most impacted towns.
It’s then followed by Warwick, Farnham, Hatfield and Bangor rounding out the top five.
The closest place to Manchester on the list is the town of Ormskirk – situated in West Lancashire and bordering Merseyside with around a 30-minute journey to Liverpool – which is home to Edge Hill University and could have lost income of over £15.5 million during the last six months.
That’s nearly £2.5 million every month.
___
If you would like to read the full study and research methodology to find out more information, you can do so via the Studee website here.
Trending
Burger King is giving away FREE vegan burgers to meat lovers to prove how ‘tasty’ they are
Emily Sergeant
Reckon you could swap out meat for a vegan alternative?
Now we know there’ll be droves of meat-lovers who read that question with their noses turned up, immediately dismissing the possibility that it would ever be something they’d consider… but what if we told you it was free?
That’s right – Burger King has announced that for the next week or so, it’ll be delivering its delicious Vegan Royale burgers to meat-loving customers for free, all with the aim of giving them a chance to experience just how tasty and satisfying plant-based foods can be, and prove that they won’t miss out by giving it a go.
The Vegan Royale is Burger King’s take on its legendary Chicken Royale burger, and sees a crispy vegan patty – that’s meant to be an alternative to chicken – topped with iceberg lettuce, vegan mayo, and crowned with a toasted sesame seed bun.
Burger King is giving away free vegan burgers to meat lovers to prove how ‘tasty’ they are / Credit: Burger King UK
The fast food chain‘s campaign is in partnership with The Vegetarian Butcher, and comes as shocking new research has revealed that more than 40% of meat eaters admit to having never tasted a plant-based burger.
On the other hand, that same research also found that the UK appears to eb embracing plant-based foods more than ever, as nearly 60% of the population say that are open to trying it.
67% of those who once thought plant-based food wasn’t for them say a great meat alternative burger was what changed their mind – so maybe this is what the Vegan Royale can be for you, if you’re willing to give it a chance.
So, to give hungry customers a taste of what the fuss is all about, Burger King will be offering anyone who orders on UberEats or Just Eat, with a minimum spend of £20, a Vegan Royale burger for free of charge along with the rest of their order.
But you’ll need to be quick though, as this tasty offer is only available until Tuesday 8 July.
Featured Image – Burger King UK
Trending
The latest on Salford Red Devils financial situation as ‘winding-up’ petition is adjourned
Danny Jones
The current situation at Salford Red Devils is far from ideal, with the rugby league team currently owing hundreds of thousands of pounds in debt, not to mention facing further stress over finances with players owed wages, key personnel leaving and remaining uncertainty over future ownership.
So, why is the board expressing reassurance among supporters following the recent adjournment of a ‘winding-up’ petition, and what exactly does this mean?
It is no doubt a complex issue, but with the season concluding in October and the Greater Manchester club essentially being given a stay of execution, for lack of a better phrase, it’s possible that a corner could hopefully be turned soon.
Here’s everything we know so far about the situation in Salford and where the Red Devils’ finances are currently at.
Salford Red Devils’ finances and more – explained
For a start, they’re late on payroll again this month.
Salford Red Devils players have been told they will not receive their salaries today.https://t.co/ofHTR0uZyN
According to recent reports, Salford Red Devils owe more than half a million pounds to His Majesty’s Revenue and Customs (HMRC) at present, with current estimates said to be in the region of £600,000.
The Super League side has fallen into debt due to a number of factors: their own performance as a business, cuts to local funding and a period of spending in terms of recruitment and pre-season preparation under the assumption of a subsidy from Salford City Council (SCC).
However, this would-be uplift – despite it being promised late last year – never came as the Council (having already provided £315k in ‘immediate’ financial aid back in March 2024) U-turned on the decision after it was revealed further backing was not in the budget.
SCC ended up owing around £2 million itself after stepping in to save both SRD and fellow rugby league outfit Swinton Lions, handing out loans to both clubs even prior to purchasing Salford Community Stadium and the surrounding area.
The Council ultimately shelled out north of £7.7m to buy the ground and sever commercial ties with previous owners, Peel. They had hoped to further alleviate pressure on the club, but Salford Red Devils (SRD) had already spent the money they were expecting to receive on new players, training and more.
SRD were then told to sell off a number of players by the league.
With all this in mind, something called a ‘winding-up’ petition – basically a document sent by creditors that demands the immediate liquidation of a company/organisation that owes them money – was filed by HMRC back in May, with the tax authorities demanding payment of the outstanding sum.
However, special dispensation appears to have been made not only due to the complicated and unforeseen circumstances Salford have faced along the way, but also for the sake of the Rugby Football League (RFL) itself, with the Red Devils still seen as a valuable sporting and community asset.
One of those unexpected twists was the takeover by a new consortium led by Dario Berta, whose investment failed to clear in time and resulted in the club being hit with the financial sustainability problem that saw them cutbacks.
In a small bit of good fortune, it has now been decided that the petition to liquidate the SRD has been postponed, though not indefinitely.
As expected, there is good news that the winding-up petition filed by HMRC against Salford Red Devils has been successfully adjourned by the club's representatives in London until after the season has finished in September.
It's important to focus on supporting Salford as they…
— The Game Caller 🗣🎙📻 (@TheGameCaller) June 25, 2025
What could happen next?
The date for coughing up what debt they owe to the tax authorities has now been pushed back to September, meaning they have until then to find the finances, or else they could very well be made insolvent in a matter of months.
However, as per BBC Radio Manchester, those involved in the ongoing process are “confident” that bridging loans will be put in place over the coming days to keep HMRC at bay.
And, nevertheless, head coach Paul Rowley has insisted that he can see “green shoots” starting to emerge around the club, despite still sitting bottom of the table with just one win to their name.
What’s for sure is that the local area isn’t giving up on them, with numerous fundraisers and charity events being set up to help support the club via the official Salford Red Devils Foundation.
Fingers firmly crossed that there is light at the end of the tunnel.