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Showing posts with label treasury. Show all posts
Showing posts with label treasury. Show all posts

Friday, 10 September 2010

Strong Reaction from the Sector to the Cable Gaffe

There's been a strong reaction to Vince Cable's gaffe on the Today programme on Wednesday, when he suggested that 'something like 45% of the research grants that were going through were to research that was not of excellent standard so we are going to have to set the bar higher.' Twitter's been abuzz, and there's been the inevitable facebook groups set up - eg 'Vince Cable's Wrong on Science'.

Dr Evan Harris, writing in the Guardian, summaries the controversy quite clearly, quoting James Wilsdon of the Royal Society who explains why Cable got it so wrong:
'In the last Research Assessment Exercise, 54% of the work that was submitted for assessment was classed as 3* or 4*, which means it is, by definition, world class. This research receives £980m from Hefce. Research that is 2* (which Hefce still regards as 'internationally recognised') gets £115 million and 1* research gets nothing. So Hefce allocates the vast majority – nearly 90% – of its funding to world class research.'
Elsewhere others are exasperated at Cable's call for UK science to be more efficient and 'do more with less.' '1% of the world’s pop. but contributes 8% of its sci papers, and 12% of journal citations,' quotes one tweet, which speaks for itself, whilst Chris Tyler says 'just read Cable's speech. So spending more on science would be good for UK AND we will see science budget cuts.'

Finally, to finish up the round of rumours, there's talk of how large the cuts will be. The current rumour is that 'BIS may settle with Treasury next week -10% plus inflation is best case but -15/-20% more likely.'

We'll wait and see.

Thursday, 17 June 2010

'Newton Scholarships' amongst the First Victims of the Cuts

The Treasury has issued a statement detailing a number of projects that will face the axe under the new austerity regime. From a funding perspective this includes the Newton Scholarships, which were introduced by Peter Mandelson to encourage overseas postgrads to come to the UK. The Newton Fellowships will continue to be funded.
The Dept of Health's Health Research Initiative will also go, as will the University Enterprise Capital Fund.
However, there is some good news: BIS has also announced a series of projects which will be saved from the chop, including the NERC Discovery Ship and the International Space Innovation Centre in Harwell.