09.11.2015 - 12:22 [ Independent ]

CBI warns George Osborne on cuts to science and innovation budget

George Osborne is expected to announce today that four departments – Transport, Environment, Food and Rural Affairs (Defra), Communities and Local Government and the Treasury – have accepted cuts of 8 per cent a year for the next four years, but full details of where the axe will fall will be unveiled by the Chancellor on 25 November.