University faces £35m black hole
Glasgow University is drawing up plans to cut £20 million in annual costs because of a £35m budget shortfall.
The university admitted it needed to raise an additional 15m in additional revenue in a memo to staff
Principal Anton Muscatelli told them that swingeing public sector cuts were expected to see it lose about 8-10 per cent in total income rssulting in a budget shortfall of 35m per year by the end of 2014-15.
However, union chiefs criticised the move claimed the university cuts would be "savage".
- Scottish independence: David Cameron set to snub Alex Salmond’s separation talks bid
- Six Nations: Wales 27-13 Scotland: Second-half scoring blitz stuns Scots
- Six Nations: Steadman given notice as ruthless Robinson seeks to strengthen team
- The Rumour Mill: Monday’s football news and gossip
- Sabotage claims as yobs smash cafe tipped for contest win
- Scottish independence: David Cameron set to snub Alex Salmond’s separation talks bid
- The Rumour Mill: Monday’s football news and gossip
- Jim Murphy warns that independence could cost ‘thousands’ of defence jobs
- Six Nations: Wales 27-13 Scotland: Second-half scoring blitz stuns Scots
- Kilmarnock 1 - 1 Hearts: Suso equaliser and Sergio snub ensure a sour end for Shiels
Looking for...
Featured advertisers
Jobs
Search for a job
Motors
Search for a car
Property
Search for a house
Weather for Edinburgh
Monday 13 February 2012
Today
Cloudy
Temperature: 3 C to 10 C
Wind Speed: 17 mph
Wind direction: North west
Tomorrow
Cloudy
Temperature: 6 C to 9 C
Wind Speed: 21 mph
Wind direction: West

