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LSE statement in response to Daily Mail article on Thursday 12th November

Houghton Street

On Thursday 12th November, the Daily Mail ran a story about university Vice-Chancellors, which made a number of assertions about the Director's travel for LSE and his accommodation. In response to this article, the School has made the following statement:

"LSE is one of the most international universities in the world. Around two-thirds of our students are from overseas, coming from around 155 countries worldwide; just under half of our staff are from outside the UK, and we have a network of over 133,000 graduates in more than 190 countries.  In addition to a range of international exchanges and connections, LSE has formal academic partnerships with universities in New York, Paris, Singapore, Cape Town and Beijing.

A crucial part of the Director’s role at LSE is to maintain this array of international relationships and establish new links with universities, businesses and non-governmental organisations around the world.  Inevitably this involves a significant amount of international travel. 

The Director visited Colombia on School-related business in November 2014, his wife joined him in the country but this was not at the expense of the School.

It is common practice for universities to provide accommodation to an institution's Vice Chancellor close to campus.  LSE provides housing and related costs for its Director with the condition that it is used for hosting student, alumni, staff and School meetings and events. 

The ‘benefits in kind’ outlined in LSE's 2013-14 annual accounts are related to this accommodation and include the annual apartment service charges, domestic utility bills, furnishing, phone expenses, and private medical insurance. The School provides private medical insurance primarily to cover the Director during overseas trips. The Director pays tax on all the benefits in kind."

12 November 2015