BILL Gates believes Britain’s science and tech sector will boom after Brexit despite previously warning against voting leave.
The Microsoft founder and world’s richest man reckons the UK will continue to attract talent and excel at research.
Gates, 61, said he had donated £750billion to the top universities in Britain “because they’re the best”.
Microsoft founder Gates had said leaving the EU could jeopardise our booming science community but now feels the excellence of research can continue.
He highlighted universities in Liverpool, Edinburgh and London as well as Cambridge and Oxford where his philanthropic organisation has donated £750million.
The 61-year-old told the Telegraph he chose them “because they’re the best at doing lots of this important work”.
The news of his change of mind came as it emerged taxpayers will carry on funding EU aid projects after Brexit – months after the billionaire called for Theresa May to ensure the UK didn’t let aid spending fall after we left the EU.
Details buried in the Government’s proposals for a full foreign, defence and security partnership with the EU post-Brexit reveal plans to continue contributing£1 billion a year to EU foreign aid programmes to EU projects.
It means Britain could continue paying £400 million a year into the European Development Fund – with very little say on how it’s spent. And a further £935 million a year could continue to flow into other EU overseas aid programmes.
It sparked a furious backlash from Tory MPs, who urged an immediate rethink due to the wasteful nature of EU spending.
Brussels bureaucrats have splashed the “development” cash on a raft of bizarre schemes in far-flung spots – including lessons in trapeze and juggling in Tanzania and on projects promoting Zimbabwean tyrant Robert Mugabe.
The latest Brexit paper published today – the 12th from the UK Government in the last two months – says “continued close working with European partners will form an important part of the UK’s future international development strategy”.
It says future payments would be on “a case-by-case basis”.
But a senior Whitehall source said it could include paying into schemes such as the European Development Fund after we leave the EU.
Tory MP Charlie Elphicke warned: “Britain is leaving the EU in 2019. People did not vote to continue to pay billions into Brussels’ development fund long after we have left.
“UK aid money is now spent only after careful scrutiny. The same cannot be said of the EU – everyone knows how they waste cash and spend money badly.”
Between 2014 and 2020 the European Development Fund was given £27 billion by EU member states – with Britain forking out 15 per cent of the total.
Britain’s foreign aid budget was more than £13 billion last year – compared to a combined total of £47 billion from the other 27 member states.
A Dfid spokesman said: “The arrangements for withdrawal from the EU, including its funds, will be determined as part of the exit negotiations with the European Commission.
“After we have left the EU, we will regain control of how UK aid is spent, and any cooperation with the EU would be on a case-by-case basis.”
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