Feeds

UK science to get out of the labs and onto the balance sheet

Talking 'bout money, money

  • alert
  • submit to reddit

Beginner's guide to SSL certificates

Britain's future as a scientific leader is in the hands of industry, chancellor Gordon Brown said yesterday.

Outlining a 10-year programme of investment, he said the corporate world must match the government's committment to science. Improving industrial productivity cannot be left solely to academia, and depends on companies increasing corporate research spending.

Helping universities to develop a better sense of what can be commercialised is also key. Trade and Industry secretary Patricia Hewitt said: "We still need to get science out of the labs, into our companies and on to the balance sheet."

Scientific spending in the UK declined until the late 90s. Since then, the percentage of the UK gross domestic product spent on research has increased. But compared to European counterparts, Britain still lags behind.

Brown will develop his investment strategy over the next three months, in tandem with the public spending review. He told scientists and ministers at a Downing street breakfast seminar yesterday that he will chose science over other investment priorities.

"We have to make it a priority as a nation to invest in what is the key to our whole economic future and well-being - our science and skills," he said.

Scientists cautiously welcomed the promise of extra cash.

Dr Peter Cotgreave, director of pressure group Save British Science, told the BBC that Downing Street seminar shows the government is taking science seriously. But he remains sceptical about until he knows the actual sums.

"One has to have a caveat that it has to be real money and it has to go into the science base, not just things ministers can interfere in." ®

Related stories

Chancellor wants nation of boffins
UK R&D spend behind rest of Europe

Remote control for virtualized desktops

More from The Register

next story
Bond villains lament as Wicked Lasers withdraw death ray
Want to arm that shark? Better get in there quick
Antarctic ice THICKER than first feared – penguin-bot boffins
Robo-sub scans freezing waters, rocks warming models
Your PHONE is slowly KILLING YOU
Doctors find new Digitillnesses - 'text neck' and 'telepressure'
SEX BEAST SEALS may be egging each other on to ATTACK PENGUINS
Boffin: 'I think the behaviour is increasing in frequency'
Reuse the Force, Luke: SpaceX's Elon Musk reveals X-WING designs
And a floating carrier for recyclable rockets
The next big thing in medical science: POO TRANSPLANTS
Your brother's gonna die, kid, unless we can give him your, well ...
NASA launches new climate model at SC14
75 days of supercomputing later ...
Renewable energy 'simply WON'T WORK': Top Google engineers
Windmills, solar, tidal - all a 'false hope', say Stanford PhDs
Britain's HUMAN DNA-strewing Moon mission rakes in £200k
3 days, and Kickstarter moves lander 37% nearer takeoff
prev story

Whitepapers

Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Driving business with continuous operational intelligence
Introducing an innovative approach offered by ExtraHop for producing continuous operational intelligence.
10 threats to successful enterprise endpoint backup
10 threats to a successful backup including issues with BYOD, slow backups and ineffective security.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?