I thank the noble Baroness for the opportunity to talk about the programme that we have set in train—the small business capability programme —which is helping 1.6 million small businesses to transact online by 2018; the work we are doing in employer-led reformed apprenticeships at every level, including the higher level; and, of course, the whole programme of reform that she has helped so much to push forward in Whitehall.
My Lords, the Prime Minister said:
“It is our ambition to make the UK the most digital nation in the G8 and it is my mission to show the world that we’re getting there”.
I ask the Minister, in the words of the five year-old in the back of the car: are we there yet? What are we doing next? What is on the Prime Minister’s wish list?
I always think it is important not to boast about progress, but in Europe we are widely regarded as being very much at the leading edge. Interestingly, on some scores, we are even doing well versus the sacred San Francisco and Silicon Valley, with London emerging as a premier location for digital entrepreneurs, people choosing London for IPOs and UK venture capital markets improving. Our programme, led by my honourable friend in the other place, Ed Vaizey, is moving forward the strength we have in digital anyway. The jobs that we are creating in this sector are growing at an even faster rate than the rest of employment.
I can agree with my noble friend that the Government are indeed very pro the European Union’s work in science. It is an area where we do well; the competitive processes that have been set up under the various R&D frameworks, including Horizon 2020, are an approach to funding out of which we do well. We have a good share of research for our brilliant scientists.
My Lords, the success of UK business is dependent on R&D, as I am sure the Minister will agree, but when do the UK Government intend to set the R&D intensity target for 2020? Is this likely to be supportive of the investment of 3% of GDP, in line with the European Commission, which is likely to be discussed this week?
My Lords, I will write to the noble Lord as I do not wish to mislead the House on the R&D intensity target. I can say that we are extremely engaged in ensuring that the R&D framework helps the UK and UK scientists, and that we have both value for money and beacons of excellence. That is our approach.