HC Deb 10 June 1958 vol 589 c9W
77. Mr. Chetwynd

asked the Chancellor of the Exchequer how many universities will have to curtail their projected developments in building and proposed increases in scientific and technical teaching staff in the academic year 1958–59 due to the inadequacy of the present quinquennial grant; and whether he will adjust the current grant to take account of the changing value of money.

Mr. Amory

University buildings are financed by capital grants, which are quite separate from the quinquennial settlement of recurrent grant. As regards scientific and technical teaching staff, it may be the case that some universities will not be able to achieve in 1958–59 as much as they would have hoped but, as I said in this House on 20th May, with the best will in the world there must be a limit to the resources that can be made available, even for the excellent purpose of expanding university facilities.