![](https://researchresearch-news-wordpress-media-live.s3.eu-west-1.amazonaws.com/2024/03/jeremy_hunt_topview_outside_spring_budget_2024-738x443.jpg)
Image: HM Treasury [CC BY-NC-ND 2.0], via Flickr
UCU head says higher education will decline “without bold action from the next government”
The UK chancellor’s spring budget speech last week did not mention higher education and only mentioned universities in passing—acknowledging that outside the US, the UK has “the most respected universities”.
Documents published alongside the speech said the government has asked universities to report on their spinout policies by the end of May. It has also begun consulting on the design of a £20 million proof-of-concept fund and a pilot approach to supporting the establishment of shared technology transfer offices.