Tuesday, 11 February 2014

STFC budget: Flat cash

I managed to miss the announcement yesterday that the government's Department for Business, Innovation and Skills has allocated its science budget to the various places it disburses it, such as the research councils and the general higher education funding council. 

I guess the news for nuclear physics is that STFC have a 'flat cash' - i.e. same amount of money, not adjusted for inflation - outcome for "core programmes".  The STFC press release is here. That, I think, was largely expected.   That part of STFC which pays for subscriptions to international facilities and in running its own facilities (mostly for non-STFC-core science) has increased a fair bit.

QR - or "quality-related" - funding will still exist, and also be on a flat cash basis.  This is the money that gets distributed following the results of the REF exercise.  

So, could have been better, could have been worse.