| Q & A: FINANCING THE FUTURE Q: Why are there concerns about the future funding of Scotland's universities? A: The Scottish higher education sector has traditionally enjoyed a competitive advantage over England, but the introduction of top-up fees south of the Border threatens to change all that. With the £3,000 cap on annual student fees due to be lifted in 2009, English universities' spending power will increase. Q: What is the state of the sector's finances now? A: Despite the fact that the sector will see its funding from the Executive top £1 billion for the first time in 2007-8, many universities are feeling the pinch. A pay deal, which will see lecturers' pay rise by 13.1 per cent over the next three years, is being blamed, with three universities already announcing plans to cut jobs. Q: So what are Scotland's universities asking for? Answer and full article.
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