Tuesday, 17 March 2009

DIUS wants £1billion cash boost for UK science

The Department for Innovation, Universities and Skills is in discussions with the Treasury to include £1billion for science as part of the current economic stimulus package.

The BBC reports that the approach is intended to keep academic talent in the UK while putting money quickly into the ailing economy.

President Obama recently boosted US science spending by more than $21bn (£15bn) as part of his economic stimulus package.

Westminster ministers with responsibility for science are telling the Treasury that the UK should follow suit.

Unless it does, they argue, the downturn will destroy scientific skills that draw high-tech companies to the UK.

http://news.bbc.co.uk/1/hi/sci/tech/7946371.stm

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