Abstract

On Oct 20, the UK's coalition Government released its spending review for the next 4 years with the aim of achieving long-term fiscal stability. The cuts to public spending set out in the review are the deepest in living memory, but the Chancellor George Osborne confirmed that spending on health and overseas aid would be ring-fenced. The coalition Government also shelved previous plans to take an axe to funding for scientific research. Taken at face value, the stay of execution granted to medicine, science, and development aid should be reassuring.

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