Part of the debate – in the House of Lords am 3:01 pm ar 5 Mehefin 2018.
Lord Henley
Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)
3:01,
5 Mehefin 2018
My Lords, as we set out in our industrial strategy, we want to see an increase in R&D, getting up to 2.4%, if I can correct the noble Lord—I think that he said 4%—by 2027. I reaffirm the other figure I gave to which the Prime Minister referred, that some £7 billion will be put into research and development by 2022.