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Page last updated at 10:22 GMT, Wednesday, 4 January 2012

Willetts: 'No public money' for new initiative


A new type of privately-funded science and technology university is to be announced by the universities minister.

The graduate institution, intended to promote cutting edge science research, could be set up with international partners and funded by business, David Willetts will say in a speech.

Mr Willetts explains how new institutions could work.

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