Universities express alarm as budgets for teaching and research are cut back
England’s universities were told today they will have their budgets slashed by nearly £1bn over the next academic year.
The Higher Education Funding Council for England (Hefce), which funds universities on behalf of the government, said £940m would be stripped from universities’ budgets for teaching, research, buildings and other areas, a 9.5% cut.
Universities said they were alarmed and feared they would be in for “a rough ride”.
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