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
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