Budget 2021 – how will it affect innovation funding?
According to the UK Government, innovative fast-growing companies account for less than 1% of UK companies, however such companies add £1 trillion to the UK economic system and account for the majority of net employment growth and output growth- it’s fascinating to see they are a principal investment focus in The Budget 2021.
Research and innovation are critical to our country’s prosperity, security and wellbeing, particularly in a time when the UK economy is grappling with the affects of Covid 19 and any challenges associated with Brexit (the UK’s departure from the EU).… See more...