This in from the Education Guardian.

http://education.guardian.co.uk/universityfunding/story/0,14337,1575006,00.html

Actually, the headline is, as best I can tell, a misrepresentation of what is written in the report - which identifies the need to come up withleast £100 million to as much as £200 million.

The report also only touches on the idea that resources may be allocated away from the less successful departments and towards the more successful departments.

If this is, indeed what John Hood intends, I believe that it is the right approach.

To read the report itself, click here:
Oxford's 5 year corporate plan