Hungry Treasury eyes universities ‘awash with cash’

Hungry Treasury eyes universities ‘awash with cash’ | John Morgan | Times Higher Education | 7 March 2013

Further austerity measures could wreak havoc with BIS’ stretched finances. Fears are growing that England’s universities could suffer from the perception that they are “awash with cash”, as the Treasury seeks cuts of £1 billion in the Department for Business, Innovation and Skills’ 2015-16 budget.

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