Skip to main content

Research: Expenditure

Question for Department for Business, Energy and Industrial Strategy

UIN 127550, tabled on 9 December 2020

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether the Government plans to change its 2.4 per cent of GDP R&D spending target in response to falling GDP.

Answered on

18 December 2020

No, we do not plan to change the 2.4% target and remain committed to increasing UK investment in R&D to 2.4% of GDP by 2027.

Answered by

Department for Business, Energy and Industrial Strategy