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Science funding, Carbon capture storage, Graphene

BBC Inside Science

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The UK's Global Challenges Research Fund

There is no intention to move away from the core principle of how we allocate our science spending in this country which is that we fund excellence wherever it is. The Global Challenges Research Fund will be transferred over to Biz on an annual basis and then the allocations procedures will follow their normal course. There's always been a role for strategic grand challenges in our mix of science expenditure and that will continue to be the case. We've had a really successful spending review settlement for science at a time when very difficult decisions were being taken across all unprotected departments. And I think UK scientists, wherever they are in the country, will be celebrating this opportunity. But the truth is that we still are at the bottom

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