Tackling Dementia

The Prime Minister is due to announce today hundreds of millions of pounds of investment in life sciences as a special G8 summit in London agrees a landmark international deal on tackling dementia. He is also announcing that the UK has now attracted £2 billion of investment in life sciences since the launch of the Government’s strategy two years ago.
 
 
Building a more competitive, resilient economy with new industries and the jobs of the future is a key part of our long-term plan for Britain. Over the past two years we’ve seen £2 billion invested in this country’s life sciences industry. This will mean more jobs and growth, but also more research and greater progress on beating dementia. It’s a huge sign of confidence, but there is still more to do.

 
That’s why the Government will double its funding into dementia research by 2025, continue to attract more private sector investment – GlaxoSmithKline is set to announce £200 million of investments including creating a centre of excellence in pharma manufacturing technology – and is helping set up the world’s largest research collaboration into dementia by allowing teams across the UK to share and benefit from each other’s data.

 
It’s only by working globally, with nations, business and scientists from all over the world – working together as we did with cancer, and with HIV and AIDS – that we can beat dementia.

Comments

Jim said…
Its fine for a private company, or a single private investor to invest in this research, they know exactly what they are doing and are investing themselves. Don't get me wrong, i think its good that the research is being carried out.

But what you mean by "the government will double its funding into dementia research" is: The government intends to redirect more and more of the wealth of each and every citizen into this, weather the citizen wants to or not" - never once do the inddividuals have a choise, i.e. would you like this part of your money to go to dementia research or would you like it to go to multiple sclerosis research instead?

Creating jobs and growth is another very overstated point you make, a government creates jobs by increasing its tax take, thus restricting growth in the productive sector of the economy.

Its pretty simple sums really, every single penny a government spends is a penny they must raise in tax, leaving the economy with 1 penny less to donate to a charity of its choice.
Jim said…
Although i am not so sure on a single word the PM says at the moment. If he is intentionally shooting himself in the foot, then i must say he doing a good job, other than that well.

He is loudly shouting at the moment on cutting EU immigration, and the free movement of people.|

So on monday his government voted to prevent ammendments to "the posted workers directive" this very directive currently allows a person to be employed in one country yet work in another at a lower rate than the local workforce, say a polish worker, employed by a polish company, but contracted and working in the uk. the polish company has to pay him UK min wage, social payments like NI are paid much cheaper in poland, thus the pole can undercut the brit. to prevent this the ammendements would have meant that the pole is no cheaper than the brit, making them less of an option to the brit companys employing them.

but no, PM says "it would add to the burdens on businesses that want to trade and take advantage of the single market" so voted against it, which would be ok, If he did not use the "we want to crack down on EU migration to prevent the influx of workers from poorer member states to britain" line.

Popular posts from this blog

Nick Herbert on his visit to flood hit areas of Cumbria

Quotes of the day 19th August 2020

Quote of the day 24th July 2020