Wales' Chief Scientific Adviser, Professor John Harries, says the £50-million investment should help build a team of top-level scientists and attract the best research projects to Wales.
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Three school chefs will battle it out later today for the regional title of Wales School Chef of the Year 2015.
More than half of food businesses in Wales have been awarded the highest food hygiene rating since the scheme began a year ago.
Ten grass roots sport projects in Wales are to receive their share of £2.35m to boost the number of girls and young people playing sport.