The Royal Hospital School was founded in Greenwich in 1712 as a charity school for the offspring of those injured in naval warfare and is currently celebrating its 300th anniversary.

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It will also see funds directed at improving clinical research facilities at the Perth Royal Infirmary and Dundee's Ninewells Hospital and Medical School.

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The college is looking at proposals to shed staff as a result of the merger between Imperial College, St Mary's Hospital Medical School, Charing Cross and Westminster Medical School and the Royal Postgraduate Medical School, Hammersmith.

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