Extract . . .
As part of its cost-cutting drive, the Coalition is apparently threatening to slash science funding by between 15% and 30% - and naturally, the scientific community is well and truly up in arms about it. They argue that this would have a devastating impact on R&D - potentially forcing science-based and hi-tech companies to seek out a home more sympathetic to their needs. Since we're actually pretty good at science here in the UK, and since the Coalition supposedly wants private enterprise to step up and fill the gap left by the shrinking private sector, this could be rather a false economy.
Read more here
http://www.managementtoday.co.uk/bulletin/mtdailybulletin/article/1025984/will-treasury-cuts-drive-hi-tech-entrepreneurs-overseas/
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