Research: Expenditure

(asked on 9th December 2020) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether the Government plans to change its 2.4 per cent of GDP R&D spending target in response to falling GDP.


Answered by
Amanda Solloway Portrait
Amanda Solloway
Government Whip, Lord Commissioner of HM Treasury
This question was answered on 18th December 2020

No, we do not plan to change the 2.4% target and remain committed to increasing UK investment in R&D to 2.4% of GDP by 2027.

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