Research ‘bailout’ for universities tied to senior pay cuts

Universities must provide evidence of ‘substantial efforts’ to reduce costs, including cutting senior salaries

Covid-hit universities hoping to take advantage of a government package of support will need to prove they have taken steps to reduce costs—including cutting the salaries of senior staff such as vice-chancellors—according to guidance published on 6 November.

First promised in June, the long-awaited Sustaining University Research Expertise (Sure) package comprises low-interest loans with long pay-back periods, supplemented by a small amount of government grants.