In 2019, the Department announced that to achieve government’s target of 2.4% both public and private R&D investment would need to rise to around £60 billion.26We asked witnesses how, and by when, it was going to increase funding to meet the target. The Department told us that it hoped to start to see significant increases in public investment in R&D in the next dataset published by the Office for National Statistics, which would cover
In 2019, the Department announced that to achieve government’s target of 2.4% both public and private R&D investment would need to rise to around £60 billion.26We asked witnesses how, and by when, it was going to increase funding to meet the target. The Department told us that it hoped to start to see significant increases in public investment in R&D in the next dataset published by the Office for National Statistics, which would cover Type: conclusion | Number: 10 | Response status: not_addressed