Witty reviews university role in growth plan

Julian Harris
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GLAXOSMITHKLINE boss Sir Andrew Witty will launch a review for the government exploring how Britain’s universities can help boost growth by supporting local business schemes.

Witty will conduct an independent review “to explore how universities can support growth in their regions by working with organisations such as Local Enterprise Partnerships (LEPs),” the government said yesterday, as part of chancellor George Osborne’s Budget.

The move comes on the back of the coalition’s support for Lord Heseltine’s recommendations for government policies that he believes could improve growth.

Witty, who has been chief executive of Glaxo since May 2008, also took up the post of chancellor of the University of Nottingham at the beginning of this year. He has previously had a government advisory role in South Africa.