UCL top in HEFCE research funding

In 2005/2006 UCL will receive more research funding from the Higher Education Funding Council for England (HEFCE) than any other university, a reflection of the quality and volume of its research.

The HEFCE funding was announced on 10 March 2005, with UCL's research funding set at £92,990,000, more than 7.4% of the total HEFCE research funding. The total resource for UCL from HEFCE will be £162,321,000, 6.5% more than last year. 

Professor Malcolm Grant, President and Provost of UCL, welcomed the funding as an indication of UCL's leading position among research-intensive universities:  "It is a tribute to the excellent, groundbreaking work by UCL's researchers, who are tackling the world's intellectual, cultural, scientific, economic, environmental and medical challenges."