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Business enterprise research and development, UK: 2023
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- Expenditure on research and development (R&D) performed by UK businesses was £50.0 billion in 2023, an increase of £1.4 billion since 2022 (2.9%).
- The Pharmaceuticals product group made the largest contribution (£8.7 billion) to the total of business R&D performed in 2023 (17.4% of total R&D performed by UK businesses).
- London had the largest regional value of business R&D performed in 2023, at £11.0 billion (22.0%); this was followed by the East of England at £9.7 billion (19.5%) and the South East at £8.5 billion (16.9%).
Time series related to Arloesedd busnesau
Datasets related to Arloesedd busnesau
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Foreign direct investment involving UK companies (directional): inward
Annual statistics on the investment of foreign companies into the UK, including for investment flows, positions and earnings.
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Foreign direct investment involving UK companies (directional): outward
Annual statistics on the investment of UK companies abroad, including for investment flows, positions and earnings.
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Gross domestic expenditure on research and development time series
Annual estimates of national research and development (R&D) spending in the UK from the public and private sectors: business enterprise, government, higher education and private non-profit organisations.
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Business investment time series
Detailed breakdown of business investment by industry and asset, in current prices, chained volume measures, non-seasonally adjusted and seasonally adjusted.
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Business enterprise research and development, UK (designated as accredited official statistics)
UK estimates of annual research and development (R&D) spending by UK businesses.
Publications related to Arloesedd busnesau
Statistical bulletins
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Business enterprise research and development, UK: 2023
Research and development (R&D) undertaken by businesses in the UK, including data on the type of R&D, sources of funds and regional distribution.
Articles
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Identifying Science and Technology Businesses in Official Statistics
Policy makers are interested in identifying Science and Technology (S&T) businesses in official data sources to better understand the contribution that they make to the economy. This article proposes a classification for S&T and for sub-categories such as Life Sciences and Digital Technology, based on the UK Standard Industrial Classification of Economic Activities (SIC) 2007. It includes practical examples and explanations of how to use the approach with different data sources