Yesterday's budget contains good news for researchers. George Osborne announced an investment of £100 million into science infrastructure. £70 million of this is going towards innovation centres in Norwich and Babraham. For details and reactions see the BBSRC site.
The Technology Strategy Board is also investing in innovation. They have just announced that they will fund feasibility studies, allowing small companies to take more risks with innovative research. One of the key areas they will fund is Biosciences. For more details see the TSB site.