Foreword

UK Research and Innovation will play a fundamental role in ensuring the UK is able to meet the unprecedented societal and industrial challenges that we face both locally and internationally.

[From the Foreword] The UK is globally recognised as a world leading knowledge economy. It is vital that we maintain and capitalise on this status at this time of global demographic, technological, and geopolitical change. Recognising these challenges, the Government has positioned research and innovation at the heart of its Industrial Strategy. The Government has committed an additional £7 billion by 2021/22 and set an ambitious target to increase expenditure on research and development (R&D) to 2.4% of GDP by 2027.

[from the last page] UK Research and Innovation is a new organisation, but the building blocks that have come together to create it – our councils – are world renowned. We are proud of the trust placed in our organisation to help deliver the Industrial Strategy and create a forward-looking knowledge economy that will power our nation in the 21st century.  [Ed: The complete Report can be found here]