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Business enterprise research and development, UK: 2024
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- In current prices, expenditure on research and development (R&D) performed by UK businesses was £55.6 billion in 2024, an increase of £2.4 billion compared with 2023 (4.5%).
- The software development product group made the largest contribution to the total of business R&D performed in 2024, with £10.3 billion (18.5% of total R&D performed by UK businesses).
- London had the largest value of business R&D performed in 2024, which was £13.3 billion (24.0%), followed by the East of England at £10.3 billion (18.5%) and the South East at £9.2 billion (16.6%).
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: 2024
Spending and numbers employed on research and development by businesses in the UK, including data on sources of funds and regional spread.
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