Budget ups costs by 100 million pounds sterling

Article Abstract:

Universities could be left with a bill of 100 million pounds sterling a year under UK Chancellor Gordon Brown's Mar 1998 Budget, with further university allocation funding to be eliminated by new national insurance procedures. University vice-chancellors do not anticipate further funding to be forthcoming from the Summer 1998 spending review, particularly as Brown has pledged to reduce borrowing by 1 billion pounds sterling. Education will receive an additional 250 million pounds sterling under Brown's Budget, but much of this is likely to be accounted for by inflation.

Economic policy, Budget, Budgeting, Budgets, Federal aid to higher education, Government aid to higher education, 1998 AD, Brown, Gordon (British politician)

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Blair plans to create elite research tier

Article Abstract:

UK prime minister Tony Blair wants to form an elite class of research universities. He has dispatched a team to Oxford University and there is speculation that this group is discussing the possibility of giving money to the top research institutions in a means which is outside the current brackets of the goverment.

United Kingdom, Cover Story, Social policy

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Blair warns of Tory budget axe

Article Abstract:

Plans by the Conservative party to reduce public spending by up to 8 billion pounds sterling could only come at the expense of university spending, according to the Labour leader and prime minister Tony Blair.

Conservative Party (United Kingdom), Government spending policy

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