UK R&D expenditure hits record high

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UK R&D expenditure hits record high

Matthew Gilleard
September 17 2013
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Business spending on research and development (R&D) in the UK rose by 8% in 2012, as companies moved to take advantages of tax incentives on offer. R&D expenditure hit £11.9 billion, a record high which is £2 billion more than was spent on R&D during the recession in 2009.

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Matthew Gilleard worked at ITR between 2010 and 2016
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