Felicity Burch, CBI Director of Innovation & Digital, said:
“Companies echo the Committee’s call for an ambitious plan to reach the 2.4% R&D target by 2027. If Government gets its plans right – expected in the autumn – this could change the game for UK innovation.
“The Committee’s recognition that innovation support must be more accessible and easier to navigate is something the CBI has long been calling for. Change will be critical if the UK is to remain the home of ground-breaking discoveries and inventions.”