From Guardian (Educations) – Tuesday June 13, 2006:
Radical changes to the way British academic research is assessed and funded. (…) The elaborate research assessment exercise (RAE), in which the work of every active researcher in British universities is assessed by 67 different subject panels ranging from astrophysics to art history, will be carried out for the last time in 2008. After that, the quality of research – and hence the amount of funding universities receive from the government – will be judged largely on the basis of statistics such as grant income and contracts.(…)
But the proposal to abolish the RAE in favour of metrics has been condemned by the Higher Education Policy Institute (Hepi) thinktank, which argues it will be more expensive and lead to an increasing separation between research and teaching.
Some universities, including Oxford and Cambridge, would gain millions of pounds from the proposed change to metrics, while others, such as Imperial College, University College London, Leeds and Newcastle, would lose out on a large scale, according to a Hepi study.