Changes to rate of indexation

As part of the Research Councils annual review of indexation, the rates for the next three financial years are confirmed as:

• 2012/13: 0%
• 2013/14: 0.81%
• 2014/15: 0.81%

- ends -

Further information

Contact:
Alexandra Saxon
Head of Communications
Tel: 01793 444474

Notes to editors

Research Councils UK (RCUK) is the strategic partnership of the UK's seven Research Councils who annually invest around £3 billion in research. We support excellent research, as judged by peer review, that has an impact on the growth, prosperity and wellbeing of the UK. To maintain the UK’s global research position we offer a diverse range of funding opportunities, foster international collaborations and provide access to the best facilities and infrastructure around the world. We also support the training and career development of researchers and work with them to inspire young people and engage the wider public with research. To maximise the impact of research on economic growth and societal wellbeing we work in partnership with other research funders including the Technology Strategy Board, the UK Higher Education funding bodies, business, government, and charitable organisations www.rcuk.ac.uk.

The seven UK Research Councils are:

• Arts & Humanities Research Council (AHRC);
• Biotechnology & Biological Sciences Research Council (BBSRC);
• Economic & Social Research Council (ESRC);
• Engineering & Physical Sciences Research Council (EPSRC);
• Medical Research Council (MRC);
• Natural Environment Research Council (NERC);
• Science & Technology Facilities Council (STFC).