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Ministers’ £1bn UK science plea to support ailing economy

March 23rd, 2009 by Barry Potier

The Department for Innovation, Universities and Skills (DIUS) is pressing for a £1bn cash boost for scientific research. DIUS is in discussions with the Treasury to agree the funds before next month as part of a stimulus package. Ministers say the UK should follow the recent US example of increasing science funding significantly. The approach is intended to keep academic talent in the UK whilst 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.

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