Research: Investment

Department for Business, Energy and Industrial Strategy written question – answered on 12th December 2017.

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Photo of Rebecca Long-Bailey Rebecca Long-Bailey Shadow Secretary of State for Business, Energy and Industrial Strategy, Member, Labour Party National Executive Committee

To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to page 67 of the Industrial Strategy, when he plans to publish a roadmap for meeting his target of increasing investment in R&D to 2.4 per cent of GDP by 2027.

Photo of Jo Johnson Jo Johnson Minister of State (Department for Education) (Universities and Science) (Joint with the Department for Business, Energy and Industrial Strategy), Minister of State (Department for Business, Energy and Industrial Strategy) (Universities and Science) (Joint with the Department for Education)

We will publish a roadmap in 2018 that sets out how Government and industry will work together to reach the 2.4% target.

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