Britain's Universities have a very high reputation overseas (presumably because when Johnny Foreigner thinks about them, he has the dreaming spires of Oxford and Cambridge in mind, rather than some of the comedy institutions recently set up.)
However if we follow the University of Wales' lead and keep on 'externally validating' degrees from Bible Colleges and Bangkok Massage Parlours, then our image will change from Rolls Royce to Austin Allegro faster than you can say 'Simon Le Bon'.
I love the bit in the BBC article where the bloke from the University of Wales who was sent out to Bangkok to have a look around, says he can't even remember being there! It certainly is an amazing city.
It makes you wonder how many other dubious institutions are having their 'Degrees' approved by British Unis. I might make an FOI request for a list... (or better still, set up a college somewhere exotic).