But there is one aspect of MRC funding that is relevant: their attitude towards biomedical research. It's fine to claim that the applications were of poor quality, but remember that the Gibson enquiry named three experienced researchers that had had applications rejected (it is impossible to get a proper list). One of them, Jonathan Kerr, said that his applications (note - plural) generally came back with scores of 9, 8 and 3. That smacks of very poor assessment techniques and suggests prejudice. If there are agreed criteria, and if the assessors understand what they are looking for, then gradings should be consistent. If not, the process is open to abuse. If my maths dept had ever come up with a contradiction in assessment grades like that on a project, I would have been very worried. You don't even get that much variation in Strictly!
If the perception from universities is then that such a prejudice exists, they will steer good researchers away into more likely areas.
Remember that the MRC set up a committee to look into this in 2010: they still haven't cracked it. A one-off grant in 2011 didn't do it either.
I suggest that the only way ahead is for the MRC to set aside a reasonable amount of money, guaranteed for a number of years, with a roll-over if insufficient good applications aren't there, for biomedical research.
Don't forget NIHR though: they spend about the same on research, and it's only recently that they have funded any research into ME - and that on Crawley.
Our other big research funder, the Wellcome Trust has, I think, only funded one psych study.
We do fund research ourselves, but considering so few of us work, and that, over time, our contact with well-off workers diminishes, it would take us a very long time even to match the £5 million spent on PACE. I'm afraid that only by putting their money where their mouth is, will the MRC and NIHR persuade good researchers that they have conquered the prejudice and that this is an area which will be funded.