British science is and must stay world class. But let me be clear, without public confidence our ability to lead in science based industries will be put at risk. This evening, I want to focus on how we put this right. I also want to stress my department's continuing support for your increasingly important sector. Science Science underpins our quality of life and is an invaluable source of wealth, economic regeneration and jobs.
Science leads to world-changing innovation and new technologies.
It can underpin consumer confidence, assuring us that products and goods are safe to eat and use. The UK's science base is a critical source of competitive advantage - a source of ideas and skilled manpower. We are ending years of neglect in scientific research. The Government, in partnership with the Wellcome Foundation will be investing an additional 1.4 billion in the science base over the next 3 years. Money which must be spent well.