Spending Review 2021: Science, Innovation and Skills – a smart investment for Britain

30 September 2021

The value of the scientific expertise, innovation, and the wide range of skills developed in Britain’s universities has been showcased like never before in the last 18 months.

Ground-breaking vaccines and treatments developed at pace have been the cornerstone of the Government’s roadmap out of lockdown and provided protection against future outbreaks. Experts who have been trained at our world-leading universities have become key advisers to governments in all four nations, helping to steer them through the pandemic.

Now, as Government considers how to deal with the challenges of revitalising the UK economy, delivering on its green ambitions and balancing the books, it must find smart investments that will create jobs and boost opportunity in every town and region across the country.

Ahead of next month’s Comprehensive Spending Review, the Russell Group of universities has set out a series of proposals that will harness the great education and world class research taking place at our universities to create high-value jobs and boost opportunity across the country, while delivering maximum value for every pound of public money.

To find out more read our submission to the Comprehensive Spending Review below. 

As well as our submission, we have set out a series of more detailed proposals to maximise the benefits to the UK of the key strengths of our universities, science and research, education and skills, and innovation:

Spending Review 2021: Science, Innovation and Skills – a smart investment for Britain

Full document (27 pages)

Download (PDF)

A summary of our proposals can also be read here.

Spending Review 2021: Science, Innovation and Skills – a smart investment for Britain

Summary document (2 pages)

Download (PDF)

Science and Research

  • Becoming a science superpower: setting a trajectory to £22bn by 2024/25
    Supporting future breakthroughs and improved resilience for the UK: the importance of ‘QR’ funding
  • Horizon Europe: maintaining UK leadership in global R&D collaboration

Education and Skills

  • Delivering technical education to address skills needs

Innovation

  • Levelling up through regional innovation clusters
  • Changing VAT rules to promote innovation
  • Scaling up the UK Research Partnership Investment Fund
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