Home > News and blog > New government investment in research and development ‘good news’ – UUK President

New government investment in research and development ‘good news’ – UUK President

21 November 2016

Universities UK welcomed the announcement today from Prime Minister Theresa May that the UK government will increase its investment in research and development by £2 billion a year by the end of this Parliament.

Dame Julia Goodfellow, President of Universities UK and Vice-Chancellor of the University of Kent, said: “This is good news. We are pleased that government is continuing its commitment to research and development with this new investment.

“It is recognition of the importance of research and innovation to economic growth and to meeting the big, global challenges we face. It will also help strengthen the links between UK university research and business.

“Our international competitors have been increasing their spending in this area, so this announcement will help maintain the UK’s position as a global leader in research and innovation.”


Notes

  1. The announcement was made in the Prime Minister’s speech to the CBI Annual Conference today.

Key Contacts

Gareth Morgan

Gareth Morgan

Media Relations Manager
Universities UK

Clara Plackett

Clara Plackett

Press and Social Media Officer
Universities UK

Blog

What the Autumn Statement means for universities

23 November 2016
Universities UK's Assistant Director of Policy Julie Tam looks through the Autumn Statement and considers the implications for universities.

Telling Spanish students 'you are still welcome in the UK'

17 November 2016
Professor Paul O'Prey blogs on ​a recent meeting of the All-Party Parliamentary University Group, where he told parliamentarians and vice-chancellors about the press and media interviews he had given in Spain the week before.

News

Concordat to support research integrity making progress

23 November 2016
Universities UK has published a progress report on the Concordat to support research integrity.

EU flags

UUK responds to EU funding announcement by Chancellor

13 August 2016
UUK response to announcement by the Chancellor regarding EU funding guaranteed beyond the date the UK leaves the EU.