LSE Business Review blog:
Spending review brings good news for science
26 November 2015
In the government's recent Spending Review, Chancellor George Osborne had surprisingly good news for UK researchers and UK businesses. 'In the modern world, one of the best ways you can back business is by backing science', he said. 'That's why, in the last Parliament, I protected the resource budget for science in cash terms. In this Parliament, I'm protecting it in real terms.' His recognition of the importance of public spending on research echoes the conclusions of a report published just ahead of the 2010 Spending Review by Research Councils UK (RCUK), the strategic partnership of the UK's seven Research Councils.
This article was published by the LSE Business Review blog on November 26, 2015
Link to article here
Related links
Romesh Vaitilingam webpage
Romesh is on Twitter, @econromesh