Professor Janet Beer, President of Universities UK and Vice-Chancellor of the University of Liverpool, said:
"Universities are key to addressing the big challenges mentioned in the industrial strategy. UK universities are producing world-leading research and innovation and are educating the future workforce. At the local and regional level, universities support growth by providing and creating jobs. Internationally, they attract investment and talent. This will be particularly important as the UK prepares to leave the EU.
"We have welcomed the UK government's commitment to increase investment in R&D funding, and today's announcement of increased support for quality-related research is good news. The commitment to increase investment in the Higher Education Innovation Fund is also to be welcomed. Long term, the UK must continue to move closer towards a target of investing 3% of GDP in R&D, to ensure we do not fall behind our international competitors. The White Paper's recognition of recruiting the world's best talent must also be linked to an immigration policy that welcomes and encourages highly skilled, international talent to choose the UK."