That is welcome, but the problem in Britain is that BIG business does not invest enough in R&D. Only two of the world's top 50 investors are British companies, and last year corporate R&D investment in Britain rose by only 5 per cent. In the USA the figure was 17 per cent, in Germany 10 per cent and in Japan nine per cent.
Britain's economy will not be ready for the high-tech 21st century until all of our businesses take investment in R&D seriously.
Dr PETER COTGREAVE
Director, Save British Science
London WC1Reuse content