An innovation-driven economy will help the UK become more healthy, green and economically resilient, says the Russell Group

The Russell Group has called for the next UK Government to harness the power of the UK’s research-intensive universities to help improve public services, deliver net zero and drive economic growth. 

In its newly-relaunched manifesto, A Bright Future, the Russell Group sets out the ways in which innovation and skills generated by UK universities can play a vital role in helping to improve healthcare across the country, deliver world-beating green technologies, secure the UK’s place in the world and, ultimately, contribute to a thriving economy. 

Analysis by London Economics earlier this year showed that research and innovation activity at Russell Group universities alone contributes £37.6bn to the UK economy in a year, and supports over 250,000 jobs. The Russell Group now says its universities are ready to do more to rejuvenate business, improve healthcare services, and tackle the climate emergency – working together with the next Government to maximise the sector’s potential. 

Dr Tim Bradshaw, Chief Executive of the Russell Group, said: 

“Research at Russell Group universities provides an excellent return on investment. Pursuing an innovation-driven approach will be an effective way for the next Government to achieve the economic growth which is so needed for the UK.  

“Our universities have a global reputation for teaching and research, and we want to make sure that the benefits of these activities are felt across local, national and international communities – whether it’s transforming career opportunities for young people, developing breakthrough health technologies that improve treatments and waiting times, or fostering positive global relationships to improve the UK’s security. 

“As we head towards a general election, we call on the next Government to take an ambitious approach and make the most of what universities offer, to help create positive change for the UK’s future”. 

Professor Chris Day CBE, Vice-Chancellor of Newcastle University and Chair of the Russell Group said:

“I am very proud to be part of the UK university sector, which punches well above its weight on the global stage in education, research and soft power. Our experience in high-level teaching and our innovative approach to research will be valuable tools for the next Government as they look to establish a healthier, more sustainable and more resilient nation.  

“In the past there has been positive cross-party recognition of the value of the UK’s R&D sector, and the need for robust and predictable investment to maximise its potential. I hope this will continue with the next Government, and we look forward to working with them closely to utilise our strengths and tackle some of the most pressing challenges of our time.” 

Download and read the Russell Group manifesto, A Bright Future, in full.