University-business coalition calls on Chancellor to invest in Innovation for Growth
…Development (R&D) funding now to help grow the UK economy and support the commitment to achieve net zero by 2050. We ask that you recommit to investing £20 billion every year in Research and Development by 2024 – 2025. The 2021 Spending Review recognised that “investment in R&D and innovation will help drive economic growth and create the jobs of the future”. Productivity is the key source of economic growth and competitiveness. Between 2000-2008…