Paul Clark, Director of Policy at
Universities UK (UUK), has confirmed the gloomy outlook for public funding for 'the course of at least 2 Parliaments.' At a conference hosted by the
Charted Institute of Management Accountants (CIMA) which examined costing and pricing issues for HEIs, Clark offered his assessment of funding in higher education. 'On a TRAC-adjusted basis, the whole sector is significantly in deficit, suggesting problems for the medium-term,' he said. He suggested that there may be cuts of around 5%, and that investment was required in order to sustain quality. 'Income will be less predictable.'
In addition he noted the politicisation of research funding. 'Funding for research has become more directional in the recent past, related to Government priorities: this trend is likely to continue into the future.'
Finally, he rejected the suggestion that the dual support mechanism be changed (as reported in
this post). '[It] is critical to the success of the UK research base. Both streams (RCUK and QR funding) are vital to the strength of the sector.'
