On Monday (6 March) the Department for Science, Innovation and Technology announced its new Science and Technology Framework to build on the UK's success as a global leader in research and innovation.
Responding to the announcement, Dr Tim Bradshaw, Chief Executive of the Russell Group, said:
“The Government’s ambition to invest in and harness the excellent research and innovation taking place across the UK is welcome. It will help to grow our economy, create new high-skilled and high-paid jobs, protect our security and improve lives across the country.
"However, while it is good to see £370m of new funding being announced today, it is still far short of the £1.6bn taken out of the research budget less than two weeks ago.