“Leading universities are fighting behind the scenes to hang on to their share of research funding in the next round of financial allocations in March. The Russell group of large research-intensive universities, which for decades has had the lion’s share of research funding, says it risks ‘haemorrhaging money’ in allocations made after the results of last month’s research assessment exercise (RAE) … At present, 82% of research funding in England goes to just 29 universities. The Higher Education Funding Council for England (HEFCE) is now working out a funding formula to allocate research cash to English universities based on the outcome of the RAE …” (more)
[Anthea Lipsett, Guardian, 14 January]