I found this on the guardian website. This and other story will be helpful towards my powerpoint animation.
• Staff poised to strike over proposals of cuts
(859)Tweet this (351)Jessica Shepherd and Owen Bowcott for guardian.co.uk, Sunday 7 February 2010 21.33 GMT
The Guardian spoke to vice-chancellors and other senior staff at 25 universities, some of whom condemned the funding squeeze as "painful" and "insidious". They warned that UK universities were being pushed towards becoming US-style, quasi-privatised institutions.
The cuts are being put in place to cope with the announcement last week by the Higher Education Funding Council for England (Hefce) that £449m – equivalent to more than a 5% reduction nationally – would be stripped out of university budgets.
The University and College Union (UCU) believes that more than 15,000 posts – the majority academic – could disappear in the next few years. Precise funding figures for each university will be released on 18 March.
The chairman of the Russell Group of elite institutions, Professor Michael Arthur, vice-chancellor of Leeds University, warned that budgets would be further slashed by 6% in each of the next three years. Last month he described the cuts as "devastating".
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