Vince Cable reveals a strategy to cut science funding
Business Secretary Vince Cable has unveiled plans for a squeeze on public funding for scientific research.
He urged universities to do "more for less" and said taxpayers should only back research that has a commercial use or was academically outstanding.
Mr Cable said in a speech in London that the government "values" UK science and research and spends £4.3bn a year.
However, Lord Rees, president of the Royal Society, said cutting science funding would be a false economy.
Mr Cable's speech came ahead of next month's Comprehensive Spending Review, which is likely to squeeze resources.