Companies and charities that give money for research in the UK are warning universities that they won't fill the institutions' funding gap when the government enacts its proposed 25 percent budget cut, says The Guardian's Alok Jha. Wellcome Trust, which spends about £600 million a year on research, tells Jha that they can't function as a substitute for government. Already, researchers in the UK are worried about researchers leaving the country to work elsewhere if the government goes through with its proposed austerity measures, and now it seems as through charities like Wellcome Trust are also looking to invest more of their money abroad. "If major cuts do occur and the UK's university base starts to erode, charities and companies are likely to look elsewhere to invest their money," Jha reports.
Don't Count on Us
Oct 08, 2010