Published on Fri, 11/08/2023 - 10:51
Royal Society (RS) have announced that an inflationary uplift of 2.48% is being applied to current grants within the following categories; Directly Incurred Staff Costs, Directly Allocated Costs and Indirect Costs.
Individual grant holders should already have received an email from the Royal Society informing them about the uplift. In order for the uplift to be added to the budget on the University Financial System, please can you forwarded the RS email to your Finance Analyst at the Research Office so that we can make the necessary amendments.
If you have any queries, please contact Sarah.Saemian@admin.cam.ac.uk.