We would love to hear your thoughts, concerns or problems with anything so we can improve!
Feedback Submitted
Thank you for submitting your feedback
HE sector facing significant cuts
09 June 2015 Matt Sisson, Projects and Membership Manager
The Treasury Announcement last week confirmed what many in the sector had suspected - that in England BIS has to find £450million in efficiency savings from its annual budget. It is not yet known how the savings will be found, but an article in the Times Higher suggests HEFCE could claw back some of the £4billion already allocated for 2015-16. It adds that “If the £450 million cut were to fall squarely on Hefce's allocation to universities, it would be equivalent to roughly one-third of all teaching grants for 2015-16 (a total allocation of £1.4 billion) or a third of research funding (£1.56 billion allocation).”
The announcement comes during a week when both the OECD and the IMF expressed concern that the government was implementing too much austerity, and that it should reduce the scale and speed of the cuts.
This site uses cookies and other tracking technologies to assist with navigation and your ability to provide feedback, analyse your use of the site and services and assist with our member communication efforts.
Privacy Policy.
Accept cookies
Cookie Settings
Your Privacy
When you visit any web site, it may store or retrieve information on your browser, mostly in the form of cookies. This information might be about you, your preferences or your device and is mostly used to make the site work as you expect it to. The information does not usually directly identify you, but it can give you a more personalised web experience.
Because we respect your right to privacy, you can choose not to allow some types of cookies. Look at the cookies we use below to help you make an informed decision. However, blocking some types of cookies may impact your experience of the site and the services we are able to offer.
Strictly Necessary Cookies
Always Active
These cookies are necessary for the website to function and cannot be switched off in our systems. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms.
You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information
Cookies Used
Microsoft - ASP.NET_SessionId – keeps you logged in for a set period of time, so that you don’t have to keep logging in
Performance Cookies
These cookies allow us to count visits and traffic sources so we can measure and improve the performance of our site. They help us to know which pages are the most and least popular and see how visitors move around the site.
All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies we will not know when you have visited our site, and will not be able to monitor its performance