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PricewaterhouseCoopers reports on university finances in Weathering the storm: Coping with the financial challenge in the higher education sector ("As the good times rolled, a quarter of universities ended up in the red", 21 January). Ten years ago, the Association of University Administrators published Weathering the Storm: Crisis management in higher education, which I co-authored with Keith Seacroft. Coincidence or foresight?

Peter Reader, Director of marketing and communications University of Portsmouth.