Government urged to set out plan to increase public R&D spending to £22bn by 2024-25
Fears over the government’s “unwavering” commitment to its R&D targets are mounting ahead of the Comprehensive Spending Review later this month.
The government originally committed to increasing public R&D spending to £22 billion a year by 2024-25 as part of its plan to increase overall R&D spending to 2.4 per cent of GDP by 2027. However, the timeframe for the £22bn commitment is now in doubt, with official communications and the science minister continuously dropping any mention of the 2024-25 date.
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