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That reflects the challenge we face of resolving how best to protect the recovery, build on the economy’s strengths, yet at the same time respond appropriately to the warnings of a more difficult period ahead.
I suspect that I will prove no more adept at pulling rabbits from hats than my successor as Foreign Secretary has been at retrieving balls from the back of scrums.
Jim Pennycook, Head of Operations at CDE, introduced CDE and give an overview of proof-of-concept research funding opportunities for innovative science and technology providers.
The £3.5 billion of savings to be delivered through the Efficiency Review announced at the Budget, and led by my Right Honourable Friend, the Chief Secretary, must be delivered in full.
A major increase in research and development funding for universities and businesses with R&D projects to help the UK remain an attractive place for businesses to invest in innovative research.
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