Well, we won’t have too long to wait to know whether this is true but the Guardian is reporting this evening that science spending is to be frozen in tomorrow’s CSR for a review period, representing a 10% reduction in real terms over that time as inflation reduces the spending power of departments.

…and further perspective from the Financial Times running along the same lines as well as more on BBC News including some more specific remarks about the Medical Research Council. Plus The Times (paywall).  Interesting narrative in the latter piece from Treasury sources which suggest the growth arguments of the science lobby have been effective.