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Development of Europe’s satellite navigation system, Galileo has ground to a halt, with the supposed contractors baulking at the escalating cost of developing the system.

Its government will increase science spending by 25 per cent in the next three years – but the UK won’t meet the 3 per cent Lisbon target.

The latest stop for the Science|Business road show had leading lights in EU policy arguing about what it takes to create a European innovation zone.

Is MIT really that special? Does it have lessons for others? A recent paper says that you have to line up a bunch of related factors – scientific, organisational, regional and so on. Picking them off one at a time won’t work.

The latest buzzword among Brussels technocrats is “lead markets”. And it’s going to be put into action, on an experimental basis, in 2007.