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But UKRI chief tells MPs ambitious targets are ‘really important’ given UK’s below-average investment
Meeting the government’s overall R&D investment target of 2.4 per cent of GDP by 2027 will be “very challenging”, the head of the UK’s national research funding agency has said, as she called for a multi-year settlement for the funder.
UK Research and Innovation chief executive Ottoline Leyser was speaking during a House of Commons Public Accounts Committee session on 4 March a day after the chancellor delivered his 2021 spring budget, which contained little new money for R&D.