Government R&D Spending Lags Behind OECD Competitors, Says NCUB
May 01, 2024
May 01, 2024
LONDON, England, May 1 (TNSres) -- The National Centre for Universities and Business, a voice of the United Kingdom's universities, businesses, and its members, issued the following news release on April 30, 2024:
According to ONS data released today the UK experienced a 3.4% increase in real terms in government R&D spending in 2022, from pound sterling14.98 billion to pound sterling15.49 billion. This growth level, however, is significantly less than other OECD nations.
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According to ONS data released today the UK experienced a 3.4% increase in real terms in government R&D spending in 2022, from pound sterling14.98 billion to pound sterling15.49 billion. This growth level, however, is significantly less than other OECD nations.
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