Said sets limit for pounds 20m gift

Oxford University has been given a three-month deadline to agree the site of a pounds 40m business school. The Middle Eastern businessman Wafic Said, who has offered pounds 20m towards the cost, said yesterday the gift would stand until February. The director-designate of the new school, Professor John Kay, has threatened to withdraw his acceptance of the post if the future was not clarified "well before next April".

There are plans for a postal vote by 3,200 academics at Oxford to decide whether the new school should be built on a university sports ground in the centre of the city. Last week, the university's parliament voted by 259 to 214 not to release