The Biochemical Society welcomes the government’s announcement that an extra £2bn will be invested annually in science research and development by 2020-21. We also welcome the government’s commitment to support scientific research and development of technologies through its industrial strategy.
Biochemical Society President, Sir David Baulcombe, said:
"Today the Chancellor through the Autumn Statement has confirmed that the investment in R&D projects will rise by £2bn a year and will support the advancement of science, technology and innovation.
We welcome the government’s commitment to support R&D which will help keep post-Brexit Britain at the cutting edge of science and technology.
The Society will be examining the full implications of government’s plans, will keep working closely with our sister societies to represent our community. We look forward to further dialogue about funding for science and technology as we head towards the March Budget."