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Why the new nuclear power contract between EDF and the UK government should be re-negotiated

May 2014

BBC interview and report by Simon Deakin and David Howarth following CBR's workshop on Hinkley Point

On 11 April 2014 a workshop funded by the ESRC Impact Acceleration Account Pilot Programme discussed the proposed contract between the UK government and Electricité de France, backed by the Chinese government, to build a new nuclear power plant at Hinkley Point in Somerset. The contract purports to constrain over a period of 35 years the ability of future UK governments to change policy on nuclear power, including changes in taxation. It is far from clear that the proposed contract would be legally enforceable, and its underlying economic rationale is open to question,

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The Economic Significance of the UK Science Base

30 April 2014

A report for the Campaign for Science and Engineering (CaSE) by Jonathan Haskel, Alan Hughes, Elif Bascausoglu-Moreau
This new independent report shows that investing public money in science and engineering is good for the economy. The report examines the economic impact of public investment in the UK science base. The report looks in detail at the relationship between public funding of science and engineering and three levels of economic activity: total factor productivity growth in industries; ability of universities to attract external income; and interaction between individual researchers and the wider economy. The report shows that, at the level of industries, universities and individual researchers, public investment in science and engineering leads to economic growth.

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New Report: Cultural Connections


March 2014

The Role of the Arts and Humanities in Competitiveness and Local Development

This report considers how the arts and cultural institutions contribute to the appeal of place. Cultural institutions are a prominent part of UK society - and many have a rich and long heritage. The impact of such institutions has often been evaluated in terms of engagement and participation or on the direct economic impact of cultural institutions. This study primarily focuses on the wider role of cultural institutions in their local economies; their innovative activities; how they connect to other local organisations such as universities; and how they collaborate with academics from the Arts and Humanities.

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Centre for Business Research, Top Floor, Judge Business School, University of Cambridge, Trumpington St, Cambridge CB2 1AG
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