(1 year ago)
Lords ChamberYes, indeed. I am happy to look at that. I note that the Government currently contribute about 20% of R&D funding through UKR I and other sources, with non-profits accounting for around 3% of funding. As I say, the Government are committed to increasing by about one-third their R&D funding by the 2024-25 spending review, which should go some way towards addressing that gap. Meanwhile, I take on board the noble Lord’s comments.
Does my noble friend the Minister agree that, in addition to government spend, R&D tax credits have risen to £7.3 billion from £6.6 billion last year, which is very welcome, but perhaps the figure could be higher if there were a campaign to explain to SMEs the availability of R&D tax credits?
Yes, indeed. As I say, businesses fund about 60% of R&D in this country and conduct just over 70% of it. I certainly would keenly look into any ability to campaign to encourage more people to take advantage of the generous tax credits scheme.
(1 year, 1 month ago)
Lords ChamberI will have to write to the noble Lord to confirm the Counter-Disinformation Unit’s use of logically.ai. Where the unit identifies disinformation being deployed at scale, it would first engage with the relevant ministry to allow it to respond. On occasion, it will engage directly with social media companies, if the content it is seeing either is illegal or runs contrary to the terms of service declared by that company.
My Lords, there has been a huge rise in anti-Semitism and Islamophobia on social media, much of it due to disinformation. What steps are His Majesty’s Government taking to educate the public to spot disinformation and stop them forwarding and repeating it?
My noble friend makes an important point. In the escalating battle between those pushing disinformation at us and our attempts to limit it, media literacy is key. Under the terms of the Online Safety Bill, which is due to become law in just a few days, Ofcom is obliged to produce a media literacy strategy to generate awareness of and resilience to misinformation and disinformation. It is obliged also to create an expert advisory committee on misinformation and disinformation online. In addition, there is now a media literacy programme fund that awards up to £700,000 of grant funding for media literacy programmes. All this is dependent on platforms setting out clearly their terms of service, so that users can access them in the full knowledge of the kind of information that they can expect to see.