CBI responds to the UK Government Innovation Strategy

Felicity Burch, CBI Director of Innovation, said:

“This strategy is an important step in ensuring innovation plays its full part in driving economic recovery and addressing the biggest challenges facing society such as decarbonisation, levelling up and health. We are pleased to see the scale of ambition and the focus on unleashing business innovation and investment.

“The commitment to increasing investment to £22bn for R&D provides and important signal to business ahead of the spending review that this Government will work with business to deliver on the ambition set out in this strategy.

“The business community looks forward to working with government to translate this strategy into reality that results in the UK being a thriving innovation economy.”