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2bn funding plan for R welcomed 13:21, 22 NOV 2016Victor Christou, top right, and David Taylor have welcomed Prime Minister Theresa May's R spending plans Prime Minister Theresa May announced the news during a speech at the CBI's annual conference on Monday.
The cash, which will be delivered over the next four years, is part of a new Industrial Strategy Challenge Fund to back priority technologies such as robotics and biotechnology where the UK has the potential to turn strengths in research louis vuitton marc jacobs amazon into a global industrial and commercial lead. Many Cambridge research organisations have raised fears that they could lose vital funding when Britain louis vuitton bags las vegas leaves the European Union, and David Taylor, R tax specialist at KPMG in Cambridge, said: "We are extremely supportive of the Prime Minister's pledge to invest in R in order to reinforce the UK's position as a leader in innovation. Particularly in the wake of the Brexit vote, it's encouraging that the Government is looking at ways to increase the attractiveness of the UK as a place to undertake R Alongside the proposed Industrial Strategy Challenge Fund, improvements to incentives, such as the Patent Box regime, will also be important in ensuring the outputs of the R are also commercialised in the UK. "Thus far, the tax credit and expenditure credit regimes have proved successful for business of all sizes in driving additional investment and so broadening the scope of these would no doubt be welcomed. However, cash incentives are generally appreciated over tax relief, so any changes to these regimes must ensure the incentives result in 'cash in hand' to invest. "There are a number of levers the Government can pull to encourage R investment: tax and grants are just one. For the UK to continue to be at the forefront of innovation on the global stage, companies must be able to employ the best people and the UK must continue to attract the best scientists, engineers and students to our great universities and colleges. As such, the Government will also need to consider their strategy across all these areas." Prime Minister Theresa May in Cambridge as she pledges to back science and technology As reported in the News, the announcement coincided with Mrs May visiting Cambridge to open two new buildings at the Sanger Institute. Victor Christou, chief executive of Cambridge Innovation Capital, which funds up and coming tech firms, said: "We welcome the Prime Minister's speech to the CBI today with her focus on the beneficial impact that strong science and technology can have on the UK economy. "The Cambridge louis vuitton key pouch amazon Cluster is an unparalleled leader in scientific invention and has had some notable successes in the past in commercialising these great ideas.
At CIC we are providing the sort of patient capital which the Prime Minister is keen to louis vuitton large ring agenda see more of, turning start ups into the world leading businesses of the future." Like us on FacebookFollow us on TwitterDaily Newsletter NewmarketPub warned its out of date food could have caused food poisoning as it is given one star rating Owners had taken over Red Lion two weeks before the inspection and say 99 per cent of problems are solved.
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