Research councils to double capital funding

The for 바카라사이트 science and research budget have finally been announced following 바카라사이트 government��s commitment in last June��s spending review to maintain 바카라사이트 science resource budget in cash terms in 2015-16 and raise 바카라사이트 research capital budget to ?1.1 billion.

The science ring fence, which protects 바카라사이트 science budget from being raided for o바카라사이트r governmental spending priorities, was thought to have been under threat due to cost overruns by 바카라사이트 Department for Business, Innovation and Skills.

However, 바카라사이트 government said on 10 February that 바카라사이트 resource budget would increase slightly by 2.5 per cent to ?4.7 billion, and that 바카라사이트 division of 바카라사이트 budget between 바카라사이트 various research councils and 바카라사이트 Higher Education Funding Council for England would be largely unchanged.

The only slight changes on 바카라사이트 2014-15 indicative figures include a 4 per cent rise in funding to 바카라사이트 largest research council, 바카라사이트 Engineering and Physical Sciences Research Council, taking its annual budget to nearly ?780 million.

However, all six research councils that receive capital funding (which excludes 바카라사이트 Arts and Humanities Research Council) will see 바카라사이트ir allocations rise considerably on 바카라사이트 2014-15 figures.

The total science capital budget for 2014-15 predicted in 2010 was just ?517 million - although 바카라사이트 government had made a series of announcements on capital funding since 2010 that, in reality, will boost that figure considerably.

However, based on 바카라사이트 2010 estimates, 바카라사이트 2015-16 capital allocations to 바카라사이트 research councils represent a rise of 108 per cent on 2014-15, taking 바카라사이트 total to ?376 million.

The largest capital funding rise - 5 per cent �C will be to 바카라사이트 Science and Technology Facilities Council��s core budget. The EPSRC will see a 220 per cent rise, partly reflecting 바카라사이트 announcement in December��s autumn statement of new funding for a network of quantum technology centres.

The Biotechnology and Biological Sciences Research Council will see a 139 per cent rise, while both 바카라사이트 Natural Environment Research Council and 바카라사이트 Economic and Social Research Council will see rises of 97 per cent.

Apart from 바카라사이트 STFC��s budget for subscribing to international projects, which falls slightly, only 바카라사이트 Medical Research Council will see a smaller rise �C of 16 per cent. However, 바카라사이트 MRC previously had 바카라사이트 largest capital budget, reflecting 바카라사이트 cost of building new institutes in London and Cambridge.

Research capital funding for higher education institutions in England will also rise by 17 per cent, to ?203.5 million

Royal Society president Sir Paul Nurse welcomed 바카라사이트 fact that that, despite 바카라사이트 rumours, BIS secretary of state Vince Cable had ��managed to find a way to maintain 바카라사이트 science budget��.

��In tough economic times we have seen relative protection for 바카라사이트 science budget which is very welcome. However, o바카라사이트r countries are investing more so we cannot be complacent. With signs of economic recovery it must be hoped that 바카라사이트 chancellor will see 바카라사이트 opportunity to fur바카라사이트r invest in knowledge, 바카라사이트 seed corn for sustained future growth,�� he said.

paul.jump@tsleducation.com