Volume 1

The impact of spending cuts on science and scientific research : sixth report of session 2009-10.

  • Great Britain. Parliament. House of Commons. Select Committee on Science and Technology
Date:
2010
Catalogue details

Licence: Open Government Licence

Credit: The impact of spending cuts on science and scientific research : sixth report of session 2009-10. Source: Wellcome Collection.

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    billion in the Ministry of Defence in 2008-09.’ The Technology Strategy Board is a non- departmental public body that was created in 2004 and expanded in 2007. Its budget next year will rise to £267 million.'® It works with government and industry to stimulate “technology-enabled innovation in the areas which offer the greatest scope for boosting UK growth and productivity’.* The Strategic Investment Fund, worth £750 million between 2009 and 2011 was announced in the 2009 Budget in order to support investments across the UK economy to support growth. Finally, the Government provides tax credits to support private sector investment in research and development. These were worth £790 million in 2008-09. 10. The Science Budget is administered by the Department for Business, Innovation and Skills and allocated to the seven Research Councils, the three national academies (the Royal Society, the Royal Academy of Engineering, and the British Academy) and a number of separate funds which stimulate investment and commercialisation within higher education. The Research Councils account for over four-fifths of the Science Budget in the current Comprehensive Spending Review period. Table 1: Science Budget Allocations by Research Council, Comprehensive Spending Review 2007 Research Council (£,000) st” : 9908-09! ~=2009-10 | ~—- 2010-11 | Medical Research Council ae ] a : Science and Technology Facilities Council . an SNe, Total (Research Councils) | 3.111.802 | : 3,239,073 | 3,305,584 | 9,746,459 Total Science Budget : | 3,554,423 } i 3,715,423 j - 3,970,423 | Source: Department for Innovation, Universities and Skills, The Allocations of the Science Budget 2008/9 to 2010/11, December 2007, Table 2.1 11. With these funds, the Research Councils invest in a mixture of grants for researchers, postgraduate awards and international subscriptions. Listed below are the major areas of 9 Department for Business, Innovation and Skills, SET Statistics: Science, Engineering and Technology Statistics, November 2009, www.dius.gov.uk/science/science_funding/set_stats, Table 2.1 10 HM Treasury, Comprehensive Spending Review 2007, D4.7 11. Technology Strategy Board, About us, www.innovateuk.org/ab outus 12 Department for Business, Innovation and Skills, About R&D tax credits, www.dius.gov.uk/innovation/business_support/randd_tax_credits/about