What does it cost to run the SU?
We break our costs into two sections. It costs £2,590,000 for SU Advice, sports clubs, societies, volunteering, campaigns, events, heating and water bills, and paying all of our staff (including elected student officers). This figure also includes £705,000 for paying student staff wages.
It costs £4.4 million to run our commercial outlets, including buying stock and making sure everything runs smoothly.
How do you set your prices?
To fund all the good stuff that the SU runs for our members we have to make sure our commerical outlets are making a gross profit. We need to pay for things like staff, insurance, credit card charges and all of our other overheads. Products that have a large profit margin help us to keep the price down of the things that don't. We are constantly checking that our products are working as hard as they can to help fund great work. We could decrease our prices by employing more permanent staff. With permanent staff there are no shift changeovers which means it would be more efficient. But we promised you an amazing degree and job and part of that help is work experience.