UK budget pledges $410 million to science, engineering research

March 24, 2014

UK’s 2014 budget, tabled last week, includes a £222 million (roughly $410 million) commitment to PSE science and engineering research projects in an effort to “overcome potential barriers in the postgraduate system that may be restricting the supply of higher skills.” “If Britain isn’t leading the world in science and technology and engineering, then we are condemning our country to fall behind,” says Chancellor George Osborne. The UK budget documents also say that funding for the “Education is GREAT” campaign, which promotes PSE in the UK to international students, will be increased to £3 million in 2014-15. Recent Higher Education Statistics Agency data reveal that the number of non-European Union students studying at UK universities fell for the first time in 2012-13. Times Higher Education