Government plans UK sciences investment
11 Mar 2014
The UK government will today set out plans to boost British science projects as part of its long-term economic plan.
Science minister David Willetts will today announce a near £300 million boost for “cutting-edge” science projects in an effort to drive innovation, growth and create jobs within the UK science sector.
The government boost will create up to £150m per year for the British economy, according to a Department for Business, Innovation and Skills (BIS) statement released today.
“Investment in science is a crucial part of this government’s long-term economic plan
David Willetts MP
Speaking ahead of the announcement, Willetts said: “Investment in science is a crucial part of this government’s long-term economic plan. It’s about investing in our future, helping grow new industries and create more jobs - and that will mean more financial security for people across the country.”
Today’s announcement will confirm investment in three key areas of British science.
Firstly, £165m will be invested in the creation of a large neutron microscope which will be capable of better observing the world and the universe.
It is hoped the microscope will also be used to aid in the discovery of materials for faster planes, new and better computer chips, new drugs, super long-life batteries and feather-lightweight kit for the military.
The neutron microscope is said to be 30 times more powerful that the technology currently used and will be roughly the size of 140 football pitches.
Secondly, the government will make a £100m contribution to The Square Kilometre Array - which is set to become be the largest and most sensitive radio telescope in the world.
“It is involvement in these sorts of projects that will keep the UK at the forefront of global science
Prof Paul Hardaker
Such technology could have the capacity to dramatically increase internet speeds across much of the UK.
Thirdly, the government will announce an investment of £25m to participate in the M3 Space Mission (PLATO) and is set to occupy a leading role on the operation.
Chief executive of the Institute of Physics Prof Paul Hardaker said: “We’re delighted to see this clear commitment to our international partners to invest alongside them in these world-leading scientific activities.”
“The facilities being developed not only push forward our scientific understanding but will also deliver results that can have an impact on our everyday lives. It is involvement in these sorts of projects that will keep the UK at the forefront of global science.”