Menu
Mon, 27 January 2025

Newsletter sign-up

Subscribe now
The House Live All
By Nick Harrison
Communities
Unlocking the potential of digital transformation in UK state-funded schools Partner content
Education
The insurance market is causing consumers all sorts of difficulties. Here’s what needs to happen Partner content
Communities
Starmer and Reeves are right to call on regulators to go for growth. They now need to ensure their own ministers get the memo too Partner content
Curriculum and Assessment Review: Pearson calls for meaningful policy change Partner content
Education
Press releases

R&D uplift 'bold' and 'will require concerted effort', says Mark Walport, Chief Executive of UK Research & Innovation

Innovate UK

1 min read

Welcoming the Prime Minister’s announcement that the Government will work with industry to boost spending on R&D to 2.4 per cent of GDP by 2027, Sir Mark Walport, Chief Executive designate of UK Research and Innovation said:


“I am delighted that the Government has set this ambitious target to increase both public and private R&D spending. Only by taking bold steps like this can we make sure that the UK maintains its world leading status in research and innovation.

“Meeting this commitment will require a concerted effort. UK Research and Innovation is already developing ideas as part of the industrial strategy to make sure these investments have the greatest possible impact. We will continue to work with Government, industry and academia to make this goal a reality, helping to drive up productivity and improve living standards.” 

Categories

Education Economy