On March 4th the Secretary of State for Business, Innovation and Skills and the Minister for Universities and Science have confirmed funding allocations to the Higher Education Funding Council for England (HEFCE) for financial year 2016-17.
The grant letter sets out government funding and priorities for HEFCE and for higher education for the coming year. It confirms funding of £3.7 billion, including capital funding of £478 million.
http://www.hefce.ac.uk/news/newsarchive/2016/Name,107598,en.html
