The University of Wolverhampton has denied claims it could close a campus a result of budget cuts.

Newspaper reports suggested entire campuses could be closed at Wolverhampton and Cumbria universities.

But the Wolverhampton insists it is not planning closures, and has already made a series efficiency savings over the past year to help it cope with the effects of national higher education funding cuts.

Professor Ian Oakes, Pro Vice-Chancellor Research and Enterprise, said plans to move the University of Wolverhampton Business School from its existing sites in Telford and Compton Park, Wolverhampton, would be considered next month.

But he said: "There are currently no plans to close the Telford or Compton campuses, as there are other operations on both sites."

Business School staff will be relocated to city centre campus, he said.

The University and College Union is warning that 15,000 posts could be cut across the country, mainly among academics.

It follows the announcement last week of swingeing cuts which will see budgets reduced by £449 million for 2010/11.

Academics have already warned that it could result in tens of thousands of would-be students missing out on university places.

Having spoken to vice-chancellors and other senior staff at 25 universities, the Guardian newspaper reported it had learned of plans to close campus doors, jettisoning certain classes and using post-graduates rather than professors for teaching.