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UK finance minister George Osborne announced last week (June 26) that the 2015–2016 science research budget would remain at £4.6 billion (about $7 billion) per year. The UK research budget has been frozen at that level since 2010, ScienceInsider reported. However, the yearly budget for capital spending on scientific facilities and hardware will increase from £0.6 billion ($914 million) to £1.1 billion ($1.7 billion).
Some members of the UK science community expressed relief that the science budget had been protected from the cuts that have been widespread in recent years. “In a difficult Spending Round, at a time of great economic challenge, we congratulate the Chancellor on maintaining investment in science and research,” Ted Bianco, acting director of the Wellcome Trust, said in a statement.
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