Research: Expenditure

(asked on 21st 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, how much the Government has spent on R&D in each of the last five years.


Answered by
Sam Gyimah Portrait
Sam Gyimah
This question was answered on 29th November 2018

The Government has increased spending on R&D in the last five years.

Table 3 of the ONS statistical bulletin “UK Government expenditure on science, engineering and technology 2016” gives the following figures for total UK Government net expenditure on R&D, including indicative UK contributions to EU R&D, of

£ million

2012

2013

2014

2015

2016

9,953

10,816

10,941

11,070

11,230

We have an ambition to raise total public and private R&D expenditure to 2.4% of GDP by 2027. As a first step to reaching the 2.4% target, we announced in the 2016 Autumn Statement, and expanded in the 2017 Budget, an additional of £7 billion for R&D over 5 years from 2017-18 to 2021-22 as part of the National Productivity Investment Fund.

We expect to see 2017 data next March.

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