Currently the UK spends around 1.7 per cent of its GDP on R&D. Yet the US and China are heading towards three per cent GDP, and others even more.
It’s hard to think that the right future is to be a less research-intensive country than the rest of the world, and so I hope our commitment will endure.
Currently the UK spends around 1.7 per cent of its GDP on R&D. Yet the US and China are heading towards three per cent GDP, and others even more.