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Ahead of the Spring Budget the Russell Group has written to the Chancellor of the Exchequer setting out proposals to help drive the innovation needed to grow the economy, create jobs and solve major challenges such as energy security, inequalities and net zero.

The Russell Group has welcomed the Government’s ongoing commitment to boosting public R&D spending to £20 billion a year by 2024/25 in the Autumn Statement. To maximise the opportunities of this funding and to realise our shared ambition for world-class education in the UK we have made three key proposals.

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