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• Paul Layzell named new principal of Royal Holloway

  Sussex’s deputy vice-chancellor ‘delighted’ to take up London post, reports Rebecca Attwood

• Auditors and two top staff under scrutiny at London Met

  Report calls for investigations into role of deputy vice-chancellor, finance director and internal audit firm. Melanie Newman reports

• Watchdog bites after student-loans debacle

  Auditors say changeover to SLC failed to deliver value for money and pushed up processing times by a third. John Morgan reports

• Teaching and research escape 9% grant cut

  Hefce 2010-11 allocations target capital funding and special projects. Melanie Newman reports

• Funding formula rejig benefits 4* researchers

  Research funding that was redistributed to newer universities following the 2008 research assessment exercise will in part be returned to the traditional elite.