The science budget is to be protected from chancellor George Osborne's cuts to the Department for Business, Innovation and Skills' budget, but higher education institutions do not yet know where the axe will fall for them.
On 4 June, Osborne announced that BIS would have to make savings of £450 million in the 2015-16 financial year, as part of measures to bring public debt down by £4.5 billion.
A spokeswoman from BIS confirmed that any savings would come from the department’s non-science resource budget, leaving the budgets for further and higher education under threat. However, she said that the exact cuts to these budgets could not yet be confirmed.
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