Scientists express relief as government says the research budget will rise in line with inflation. But innovation grants will be turned to loans, a £1B carbon capture scheme is axed and some R&D spending is shifted to the overseas aid budget
The UK’s science-based businesses will find much to welcome in the 2011 budget. But there are still many challenges ahead if the country is to unlock the vast potential of small and early-stage technology companies, says Jonathan Ware of the consultancy PLMR
Governments worldwide spent fortunes on R&D and innovation as part of economic stimulus packages. What will happen in 2011, now austerity is à la mode and the taps are turning off?