As the UK navigates global competition and rapid technological change, the Autumn Budget outlined significant public investment in R&D, signalling a clear intent to future-proof the economy and support breakthrough innovation across sectors.
Whilst the overall scheme didn’t materially change in the February-March period, there’s been a large increase in funding for the scheme.
At the heart of the announcement is a substantial £20.4 billion allocation for R&D investment in 2025/26. This includes at least £6.1 billion dedicated to core research, helping to ensure that the UK’s most innovative companies continue to have their R&D activities incentivised. This funding is designed to foster world-class research environments and to support the institutions and researchers who drive them.
Read more about the key areas of development and how TC Group can help you and your business benefit from this Government investment.
Author: TC Group
Date: 30 April 2025
TC Group welcomes seasoned business leader and former Barclays director to the team - Jon Corbett.
Author: TC Group
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Author: TC Group
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Tax investigations are incredibly stressful and costly for business owners, but thankfully, tax investigation protection cover can ease the burden
