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Firms call on government to ‘turn up the dial’ on innovation funding


CBI says government should set out long-term plan in autumn spending review

Business leaders have called for “record levels” of long-term investment in innovation ahead of the government’s comprehensive spending review later this year.

In its new report, Seize the moment: How can business transform the UK economy?, the Confederation of British Industry identifies six growth opportunities worth £700 billion that it says are critical to the UK’s future economic success: a decarbonised economy, an innovation economy, a globalised economy, a regionally thriving economy, an inclusive economy and a healthier nation.

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