Working in partnership, the Higher Education Funding Council for England (HEFCE) promotes and funds high-quality, cost-effective teaching and research, meeting the diverse needs of students, the economy and society.
In a bid to boost economic activity universities and colleges have been asked to bring forward £250 million of capital expenditure from 2010-11 to 2009-10 and 2008-09.
A brochure on how higher education can support businesses during the economic downturn has been published by Universities UK and GuildHE.