Published: 10th Jul 2020

The North of England receives less than half the life science investment made in the South, according to a new study. The study by the IPPR think tank warns that overall, the North of England receives £4bn less investmentper year in health research and development (R&D) than the South. According to the IPPR, the North receives just £72 of health R&D investment per person, compared to £168 in the South. And investment by government totals just £22 per person in the North, compared to the £56 per person invested in the South of England. In the Midlands, the report adds it is as low as £16. The report, The Science Based Economy, argues this inequality is incompatible with government recent commitment to ‘build, build, build’ and to level up the UK economy. It calls on the government to set an investment target of £14.5bn per year for the life sciences – from public, private and charity sources combined – alongside a new strategy … (To read the full article, subscribe below)