Existing R&D strategy and commitments should underpin UK economic policy

Following the government’s recent announcement of its growth plan and the welcome appointment of Nusrat Ghani MP as Minister for Science and Investment Security, the UK’s Innovation, Research and Technology sector is eagerly awaiting chancellor Kwasi Kwarteng’s medium-term fiscal plan on 31 October. This should bring much-needed certainty to the UK’s R&D ecosystem.

We know that prime minister Liz Truss’s government has made economic growth its number one priority, which is a welcome move. As part of this, it is critical that the government keeps to commitments to public investment in science and innovation made in the 2021 spending review and delivered through the Innovation Strategy of the same year. These are aimed at boosting and levelling-up economic growth and would give private investors’ confidence. This was the subject of a piece in Research Fortnight by AIRTO’s Executive Director, Jane Gate, published on 3 October. Read more…

Build innovation into growth plan’s foundations – Research Professional News

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