Remove requirements that research be funded based on “impact”

The last government changed how money is allocated for publicly funded scientific research so that it is based on potential economic "impact". So whether businesses will benefit, or whether the research will increase GNP are used to decide which research gets our money.

 

That decision should be reversed.

Why is this idea important?

The last government changed how money is allocated for publicly funded scientific research so that it is based on potential economic "impact". So whether businesses will benefit, or whether the research will increase GNP are used to decide which research gets our money.

 

That decision should be reversed.

Promotion of British Science

We should enact special tax provision to ensure science is brought to the forefront of life in Britain where currently it is sidelined into an also-ran role for geeks.

The way we can do this is by providing science (and engineering) with special tax privelages for those individuals and companies actively 'doing' it. All the way from the schools and colleges up to Nobel science prize-winners we need to support it.

E.G how about no college fees and free loans to physics and chemistry students to stimulate interest. When they take up employment in 'real' industry here in the UK (but not if they get spirited away to America), give them a lower tax rate for the duration to live and work for a British-owned company. Likewise preferential loan and tax rates for enginering companies. Its all very well making interesting TV programs about it, but you have to back it up with real financial incentives. By the same token we need to discourage the blue-sky, and 'humanities' -type subjects. We can't afford luxuries which don't create industrial strength or generate real wealth.

Why is this idea important?

We should enact special tax provision to ensure science is brought to the forefront of life in Britain where currently it is sidelined into an also-ran role for geeks.

The way we can do this is by providing science (and engineering) with special tax privelages for those individuals and companies actively 'doing' it. All the way from the schools and colleges up to Nobel science prize-winners we need to support it.

E.G how about no college fees and free loans to physics and chemistry students to stimulate interest. When they take up employment in 'real' industry here in the UK (but not if they get spirited away to America), give them a lower tax rate for the duration to live and work for a British-owned company. Likewise preferential loan and tax rates for enginering companies. Its all very well making interesting TV programs about it, but you have to back it up with real financial incentives. By the same token we need to discourage the blue-sky, and 'humanities' -type subjects. We can't afford luxuries which don't create industrial strength or generate real wealth.

Regulate the amount that government can borrow to 0.5% of GDP

There has to be a limit to what government spends otherwise government spending can be used wrongly to buy votes or can create problems for future generations

Why is this idea important?

There has to be a limit to what government spends otherwise government spending can be used wrongly to buy votes or can create problems for future generations