The financial allocations for the AHRC for the period 2011-2015 were announced by David Willetts, Minister for Universities and Science, at a press conference in London this morning.
Emphasising the importance of research to the UK’s growth, prosperity and wellbeing, the Minister said the allocation for the Research Councils as a whole would help support economic recovery and ensure that UK research remains a global leader.
The AHRC allocations for the period 2011-2015 are:
| |
2011/12 |
2012/13 |
2013/14 |
2014/15 |
Total |
| Resource (£m) |
99.881 |
98.370 |
98.370 |
98.370 |
394.993 |
| Depreciation/Impairments (£m) |
0.170 |
0.165 |
0.152 |
0.151 |
0.638 |
| Capital (£m) |
|
Nil in |
all years |
|
Nil |
Note: These figures exclude administration which will be announced in January 2011.
To coincide with the announcement of the financial allocations, the AHRC, along with the other Research Councils, is publishing its Delivery Plan 2011-15. This sets out the AHRC’s priorities and commitments over the period.
Professor Rick Rylance, Chief Executive of the AHRC, said: “In a time of austerity in public spending, the AHRC’s settlement to 2015 is very welcome news indeed. It indicates the Government’s support for the value of the arts and humanities and the major contribution they make to our economic, social and cultural vitality. Over the next few years we will demonstrate this in action in, for example, our new initiatives on the creative economy, on sustaining communities, and above all in promoting outstanding research with impact. We look forward to working with colleagues across the research community to implement this important and exciting programme of work.”
Commenting on the budget allocations and the publishing of the delivery plans, Chair of RCUK, Professor Alan Thorpe, said: “This allocation as part of the 2010 spending review confirms the value that Government has placed on research investment for the UK. In the context of a very difficult public sector settlement, it is very encouraging that the allocations to the Research Councils have fared so well. Of course, to manage within our budgets there will need to be rigorous prioritisation by Councils and some difficult strategic decisions will need to be made. The cut to the capital budgets of the Research Councils will present particularly significant challenges going forwards, but we have a good foundation, and excellence with impact will remain at the core of what we do.”
For the AHRC’s Delivery Plan 2011-15, please go to the Publications section.
For the full RCUK statement, please go to: www.rcuk.ac.uk
Media Contact: Jake Gilmore, AHRC Communications Manager; T: 01793 41 6021, M: 07970 499 4586
E: j.gilmore@ahrc.ac.uk