George Osborne leans on industry for £1bn science boost

Posted on 8 Oct 2012

Science projects are set to receive a £1bn boost as the Chancellor of the Exchequer George Osborne announced an extra £200m to tempt further investment from universities and industry.

The Government will add £200m of new money to the UK Research Partnership Investment Fund, supporting long-term university capital projects as more specialist hubs are created around the UK. The Chancellor revealed a £60m partnership between the University of Birmingham and Rolls-Royce for a world-leading research centre for high temperature metallurgy and associated processes for…

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