Research: Finance

(asked on 14th November 2018) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will publish a long-term budget that estimates the amount of investment from the public purse in R&D to reach 2.4 per cent of GDP by 2027.


Answered by
Sam Gyimah Portrait
Sam Gyimah
This question was answered on 19th November 2018

The Government is working with UK Research and Innovation and other key partners to develop a roadmap that sets out how government and industry will work together to reach the 2.4% target by 2027.

The roadmap, including an assessment of the measures required to put us on a trajectory to the 2.4% target, will be published in 2019.

Reticulating Splines