Ireland’s main science funder plans for budget boost

This entry was posted in Science on by .

Universities like Trinity College Dublin will benefit from a budget boost at Science Foundation Ireland.

The new strategy, published on 1 March and the first since 2012, plans for 15% annual rises that will boost the agency’s grant spending’the vast majority of the agency’s budget’from ‘200 million in 2020 to ‘376 million by 2025. Separately, the strategy allocates ’11 million in 2021 for early career researchers pursuing basic research.

The agency says the budget rises will help boost the nation’s overall public and private R&D spending from a meager 1.1% of gross domestic product, well below the European average of 2.2%, to a goal of 2.5% by 2025. ‘What we built into our strategy is an assumption that Ireland is going to get there,’ says Ciar’n Seoighe, deputy director general of SFI.

Publisher: Science | AAAS
Date: 2021-03-03T10:25:00-05:00
Author: Se’n Duke
Twitter: @newsfromscience
Reference: Visit Source (Read Article)

Check out this next one:

Budget 2021 live: Rishi Sunak puts ‘407bn price tag on Covid support

Rishi Sunak has warned the total cost of Britain’s coronavirus response will reach ‘407bn by the end of next year, as he announced tax hikes to help pay down the UK soaring debts.

The Chancellor unveiled an extra ’65bn in spending in his Budget, including an extension of the furlough scheme to September and a number of other relief measures.

But warning there is a price to pay for the Government’s huge spending spree, he announced tax on the biggest corporations will rise to 25pc by the end of 2023, and announced a freeze to income tax thresholds ‘ meaning many Britons will pay more from 2022 onwards.

Reference: Visit Source (Read Article)

Rishi Sunak unveils big-spending coronavirus recovery Budget

Rishi Sunak said the government is spending an ‘unimaginable’ ‘407billion on the Covid response today as he splashed the cash again to help the recovery.

In a crucial Budget that will set the country’s course for years, the Chancellor said the government’s watchdog now expected the economy to get back to its pre-pandemic level by mid-2022 – six months earlier than previously thought.

Growth this year will be a bumper 4 per cent after the fast vaccine rollout, and unemployment should now peak at 6.5 per cent instead of 11.9 per cent. That means 1.8million fewer people will lose their jobs, according to Mr Sunak.

Reference: Visit Source (Read Article)

When is the 2021 Budget – and what will it mean for your wallet?

Chancellor Rishi Sunak’s Budget at 12.30pm features everything from the minimum wage, fuel duty and Universal Credit to furlough and self-employment support. Here’s every confirmed, rumoured and rejected change so far

Today will see the government set out its tax and spending plans for the year ahead, and it’s plan for the economic recovery after the pandemic and the year of lockdowns that have hit big parts of the economy hard.

The Chancellor will vow to do ‘whatever it takes’ to support the British people and business through this ‘moment of crisis’ when he addresses Parliament in his annual statement at 12.30pm.

Reference: Visit Source (Read Article)

Happening on Twitter


Greetings Earthlings: Cloaking was activated. The data presented above may one day be zapped to another dimension. Just thought you should be aware. NASA, either it's cold or someone stole the sun.