I just a letter from STFC warning that I may or may not have a Dear John letter coming. Council will meet to finalise the current science prioritisation process tomorrow (Tuesday 15th). Between 11am and 2pm on Wednesday I will get a phone call advising me of any implications for my project. (In my case this means Wide Field Astronomy, and our pitch for LSST, for which we made input to the science prioritisation exercise.)
Then at 14:00 pip emma the news goes live on the STFC website.
Gird your loins.
Paul Crowther has already produced an excellent summary of the situation to date : see here, and in particular note the amazing increase in ESA subscription..
John Peacock said I should run a poll on what will get chopped but I am too depressed to bother.