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Universities’ woe over further HEFCE budget cuts
University heads face more hardship following the publication yesterday of the Higher Education Funding Council for England’s letter detailing their financial awards for 2011-12. The letter confirms the outline figures revealed in the budget guidance which the Department of Business, Innovation and Skills gave HEFCE in December 2010. But the letter to vice chancellors still held some unpleasant surprises—notably that the projected cuts will start to take effect in the current academic year. The cuts mean a £27.6 million, or 1.7 per cent, reduction in the research budget and a £162 million, or 3.5 per cent, cut in funding for teaching. The university leaders had expected bad news. But they were disappointed by this further evidence of the challenges facing them. Their responses expressed concern about the impact on the country’s research base and economy, warning that the cuts will...
Posted Feb 3, 2011 at
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