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MNI (London)
UK: Chancellor: I will increase investment in R&D to gbp22bn a year. That is the
fastest and the largest increase in R&D spend ever. As a percentage of GDP, it
will be the highest in nearly forty years - higher than the US, China, France
and Japan. And a major step towards our target of increasing public and private
investment in R&D to 2.4% of GDP. We won't wait to get started - next year,
funding will increase by 15%, the fastest year-on-year growth on record.
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com
MNI London Bureau | +44 203-865-3812 | les.commons@marketnews.com

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