Uni pay-rises are already ahead of indexed funding, with less to come

Universities will be hoping for higher inflation than the zero (as in not a sausage) rise in the Consumer Price Index in the March quarter. The annualised rate is now 1.3 per cent, 0.5 per cent under the higher education funding index rate in place.  With HE grants for student places indexed against, CPI funding-growth is already below behind the around 2 per cent per annum pay rises common in new university enterprise agreements.