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Proposed R&D Tax Credit Scheme Could Harm SMEs

By |March 8th, 2020|Tags: , , , , |

A statement released by the BioIndustry Association (BIA) highlights the potential harm the proposed changes to the R&D tax credit schemes could have on small and medium-sized enterprises (SME). The government is proposing to introduce a cap on the value of cash payments that loss-making SMEs can receive through R&D tax credits. This would be [...]

U.K. R&D spending is still not enough!

By |March 16th, 2018|Tags: , , , , , , , , , , |

Despite U.K R&D spending reaching a record breaking 33.1 billion pounds, its efforts were still not enough and it currently only ranks 11th in the European Union, according to Office Of National Statistics. This signifies that Britain is lagging behind its major European peers when it comes to R&D spending. Britain invested 1.67 percent of [...]

UK Gov invests £1billion into cutting-edge technologies

By |May 2nd, 2017|Tags: , , , , , , , , |

The UK Government has plans to invest £1billion into cutting-edge technologies over the next four years. The technologies to be invested into will be: Healthcare and medicine; robotics and artificial intelligence; batteries for clean and flexible energy storage; self-driving vehicles; manufacturing and materials of the future satellites and space technology. These new projects will create [...]