Two important messages seem to be emerging from the new coalition government that relate to our industry. The first being the continuing importance of life science's to the economy, with distinct life science responsibility being given to two senior ministers in Vince Cables BIS ministry. The second is the jettisoning of the notion that all regions of the UK should receive economic assistance of equal measure in order to support and encourage growth within industry. There seems to be an emerging policy in targeted public sector economic support being given to those parts of the country that still have, challenging conditions, significant market failures and rising unemployment. Is my perception of the current climate correct and if it is are the approaches being taken the best for UK PLC??