Times Higher Education - Large donations to universities drop 50%: The amount given to universities in �1 million-plus donations almost halved in 2009-10, an annual report from a bank reveals.

The drop takes the total from very large donations down to the levels of 2006-07 and 2007-08 and is thought to be caused by the drying-up of matched funding from the government.

In 2009-10, �299.4 million was given to universities in donations of more than �1 million, according to The Million Pound Donors Report 2011 by private banking house Coutts. This is a 48 per cent fall on the 2008-09 figure of �575.4 million.