The 2010 Spending Review (SR10) left the Research Base Budget facing a cumulative shortfall of £1665m in research capital over the Spending Review period.
However, since SR10 additional commitments totaling £1354m have been announced. This reduces the shortfall from £1665 to £311m with two years of this Spending Review period remaining.
Public Funding of UK Science and Engineering; Putting Rhetoric to the Test
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