Government pledges to put Britain back at the top table for innovation.

The Prime Minister today announced plans for greater collaboration between universities and business.

Speaking at the CBI conference, David Cameron promised a 'relentless' push for growth with government investment of more than £200m over the next four years in technology and innovation centres.

Announcing what he claimed to be the "first ever national infrastructure plan", the prime minister said that the UK has sometimes been "complacent about our competitive advantage" and said the innovation centres would help new companies break into existing markets.

Outlining plans to create a "new economic dynamism", the prime minister listed his three point plan:

"First, using all available policy levers to create the right framework for enterprise and business investment.

"Second, using our resources to get behind those industries where Britain enjoys competitive advantages.

"Third, using our power and muscle to make it easier for new companies and innovations to flourish."

Prime Minister's CBI speech in full: http://bit.ly/cOhAfz