Research spending cut in real terms

20 Dec 2010

The coalition government has published funding allocations for science and research in England.

Overall the £4.6 billion spent each year will remain static in cash terms over the next 4 years, amounting to a real terms cut after inflation is taken into account.

Capital spending will be cut much more sharply, falling by almost 60% in cash terms over the same period.

There are mixed fortunes for the various research bodies.

Funding via the university funding council (HEFCE)  for Quality Related (QR)  research will fall by 3% in cash terms and there are similar reductions for  the Royal Society and the Royal Academy of Engineering.

However the UK Space Agency will see its budget rise by over 9% in cash terms over the 4 years of the spending review.

The Research Councils will receive a small (1.98%) increase in cash terms,although the overall figure masks differences with - for example - the Economic and Social Research Council and Engineering and Physical Science Research Council each  losing 3% in cash terms and  the Medical Research Council gaining 5%.

Full details of the announcement can be found at: nds.coi.gov.uk/content/Detail.aspx

 

Post a comment

After posting your comment you will need to confirm it by checking your email and clicking the confirmation that will be sent to you.

Comments will appear once reviewed for appropriate content.