UCB welcomes extra support for science degrees in Chancellor’s Budget announcement

Steven Arnold, UCB Managing Director of the British and Irish Isles, has commented on Chancellor Osborne’s Budget announcement today: “UCB welcomes the Chancellor’s recognition of the relationship between scientific success and the future prosperity of the UK economy”.

He added: “As a science skills leader, we particularly welcome the announcement for new support for PhDs and research-based masters degrees.  It is essential that the UK continues to provide the necessary support and encouragement to students studying science at all levels in order to ensure diversity as we develop the next generation of scientists with the skills and knowledge to keep the UK as a global centre for scientific innovation.

“As one of the largest EU investors in UK life science R&D, UCB would also like to applaud the Government’s initiatives over the last five years that have helped to cultivate a supportive life sciences environment. However, with global competition for investment remaining strong, we believe further action is required and would urge the next Government to formally review the current UK incentives for life sciences.”

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