Figures in the ONS statistical bulletin UK Gross Domestic Expenditure on Research and Development, 2011 show that R&D spending in the civil sector hit a high of ?25.4 billion in 2011, accounting for 93 per cent of all UK R&D spending.
This constituted a 5 per cent annual rise in current prices from 2010, although defence R&D spending also increased in the same period by 3 per cent to ?2 billion.
The overall rise in R&D spending was largely accounted for by the business sector. Adjusted for inflation, its spending rose by 6 per cent to ?17.4 billion between 2010 and 2011 (higher education spending rose by just 0.2 per cent to ?7.1 billion).
The ?.4 billion spent on R&D in 2011 represented 1.79 per cent of UK national wealth, a slight increase from 1.77 per cent in 2010. However, this was still below the European Union average of 2.03 per cent.
Register to continue
Why register?
- Registration is free and only takes a moment
- Once registered, you can read 3 articles a month
- Sign up for our newsletter
Subscribe
Or subscribe for unlimited access to:
- Unlimited access to news, views, insights & reviews
- Digital editions
- Digital access to 罢贬贰’蝉 university and college rankings analysis
Already registered or a current subscriber? Login