Go back

UK’s £22bn R&D spending target seemingly dropped

Image: Willy Barton, via Shutterstock

Treasury official avoids confirming that previously set target for 2026-27 remains in place

The UK’s target to spend £22 billion of public money on R&D by 2026-27 seems to have been dropped, after a government official avoided a chance to confirm its continuation this week.

The target was originally set by Boris Johnson’s government to be reached by 2024-25, but it was subsequently delayed by then chancellor Rishi Sunak to 2026-27 amid tight finances resulting from the Covid-19 crisis.

This article is only available to Research Professional News subscribers. If you are a subscriber you can read the article in full on researchprofessional.com

Pivot-RP users can log in and view the article via this link.