The Science and Technology Facilities Council today announced a five-year £2.4 billion investment strategy in world-leading multi-disciplinary science and technology, designed to deliver maximum scientific, societal, international and economic benefit for the United Kingdom in the current
tougher financial environment.
"The Council of STFC has approved an affordable, robust and sustainable programme. This has involved tough choices affecting the entire programme including a managed withdrawal from some areas," STFC chairman, Professor Michael Sterling FREng, said.
"This is a major reorganisation of our programme to focus on the top priority items making use of the international subscriptions which, while costly, allow UK scientists critically important access to the world class facilities provided by these international consortia. We have also planned on the basis of the current value of the pound."
Professor Sterling said the strategic consolidation and redirection of the science programme would ensure continued major benefits for the UK.
"Taxpayers can be confident that their significant investment in research will deliver the highest quality, and most inspiring and beneficial, science and technology into the future," he said.
Professor Sterling acknowledged the hard work over many months by the members of Science Board, its science committees and panels, and STFC staff, to ensure Council received the best possible scientific advice.
"Council approved this programme based on the recommendations from Science Board and its advisory bodies, which comprise leading academics from across the disciplines supported by STFC. We also welcomed the advice given to Science Board from other bodies including the Economic Impact Advisory Board," Professor Sterling said.
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