Abstract
Two of the acronyms most frequently used by physicists in the UK celebrate their fourth birthdays this month. Between them the EPSRC and PPARC fund most of the research projects performed by physicists in UK universities. The remit of the Particle Physics and Astronomy Research Council (PPARC) is sell-explanatory, while the Engineering and Physical Sciences Research Council (EPSRC) supports most other areas of physics, with a few exceptions such as biophysics. The two councils have approached their tasks in very different ways and with varying degrees of success.
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