In NCUB’s submission to the House of Lords Science and Technology Committee inquiry into delivering a UK science and technology strategy, we supported the aspiration for this country to maintain and improve its position as a scientific leader.

Achieving the 2.4% of GDP investment in R&D target by 2027 will bring the UK closer to the OECD average spend. Most of this increased investment must come from business. At a time of ongoing economic and political instability, to even stand still the UK must develop and implement a coherent set of policies to encourage private sector investment and support business interaction with universities.