Secretive fund not the answer to UK’s R&D strategy

 Responding to the launch of the UK’s new “high risk” science agency Liberal Democrat Business Spokesperson Sarah Olney MP said: 

“Liberal Democrats have long called on the Government to invest in new technologies that will create future jobs – but a secretive fund spending taxpayer money with next to no oversight isn’t the right answer. 

“We need to see serious investment in R&D as part of a comprehensive industrial strategy, that will have jobs, regional development and green growth at its core. 

“It is vital that the fund’s Chair and CEO is placed in a transparent and impartial manner. The Government must urgently provide more information about the selection process and guarantee that we won’t witness the appointment of yet another Conservative crony.”
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