UK Physics Has "Brighter Future"?

It is not all doom-and-gloom, says Keith Mason, the chief executive of the Science and Technology Facilities Council.

The chief executive of the Science and Technology Facilities Council claims the likely fallout from its spending settlement has been exaggerated.
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"We have had to constrain some investments (particularly in the particle physics and astronomy programme), we've had to restructure our in-house research effort and we've had to withdraw from some lower-priority activities - but our programme remains extremely competitive," he told reporters.

I can't imagine that that many physicists (and students) would make such a big deal if this is nothing more than fanciful exaggeration. So we shall see...

Zz.