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Investing in research enriches society and helps drive the economy. It led to our preeminent position in the 20th century, and will be vital in meeting the challenges of the 21st – whether they be in energy, medicine, infrastructure, computing, or simply humanity's primal desire for discovery.
The UK has a proud history of excellence in science, technology, engineering and mathematics. We are world leaders in many fields of research, producing over 10% of global scientific output with only 1% of the global population, and despite spending less on science per capita than most of our competitors.
Our world-class research universities and institutes which attract excellence and investment from around the world have made us a global hub for science. Nations such as the United States, China, Germany, and France have all recognized the importance of investing in science especially in austere times – it could be catastrophic for the UK to do the exact opposite.