Latest Channel 4 News:
Row over Malaysian state's coins
'Four shot at abandoned mine shaft'
Rain fails to stop Moscow wildfires
Cancer blow for identical twins
Need for Afghan progress 'signs'

£1bn science funds 'disappointing'

Source PA News

Updated on 25 March 2007

A £1 billion boost for science was promised in the Budget.

Chancellor Gordon Brown said public investment in science and technology would rise from £5 billion this year to £6.3 billion by 2010.

But the extra spending was dismissed as "disappointing" by the scientists' and engineers' union Prospect.

General secretary Paul Noon said: "This increase is nowhere near as good as it sounds, as science costs rise faster than inflation and it is unclear how much of this money will actually be spent on science.

"The Chancellor's tight grip on public spending means the increase will almost certainly be more than offset by cuts in departmental science budgets later this year."

He said that although science spending was supposedly "ring-fenced" it was in fact "open to plunder for any Government cause".

Mr Noon was referring to a decision to claw back around £68 million of unspent science funding at the end of this financial year.

The move angered many in the science community, who claim their resources are being unfairly raided.

The Budget package for science includes funding both for the Department of Trade and Industry (DTI) and the Department for Education and Skills (DfES).

From a spending baseline of £3,383 million, the amount made available to the DTI will rise to £3,525 million in 2008/9, £3,746 million in 2009/10, and £3,971 million in 2010/11.

These news feeds are provided by an independent third party and Channel 4 is not responsible or liable to you for the same.

Send this article by email

Watch the Latest Channel 4 News

Watch Channel 4 News when you want

Latest Science Technology & Environment news

More News blogs

View RSS feed

Autism breakthrough


A new brain scan could diagnose autism in 15 minutes.

New superbug


"Medical tourism" spreads a new superbug to the UK.

Oil spill: BP 'failed'

BP oil spill

Professor Rick Steiner asks why killing the blowout took so long.

A new energy source?


Exclusive access inside the UK's first shale gas well.

Most watched


Find out which reports and videos are getting people clicking online.

Channel 4 © 2010. Channel 4 is not responsible for the content of external websites.