Earlier this (academic) year, I applied for a lectureship in philosophy at Leeds (who'd actually advertised two positions). Some time after the closing date, I received an email informing me that, unfortunately, both positions had been cancelled pending a university-wide budgetary review. Always annoying, though not the first time this has happened to me.
This Times Higher article suggests the depth of the problems. It seems - from one of the comments - that the Faculties of Biological Sciences and Healthcare studies at Leeds seriously misjudged their RAE strategy, causing a significant budget shortfall. I'm not really privy to the necessary information to judge, but it seems like university-wide cuts are necessary to bail them out...
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