CaSE 2014 Budget Briefing

This briefing sets out the current state of public investment in R&D ahead of the Chancellor’s 2014 budget.

The headlines from the breifing are:

1. Our international competitors spend more on R&D and UK spend is projected to continue to decrease
2. The flat-cash science budget will have been eroded by inflation by over £1bn by the end of 15/16
3. CaSE analysis shows total government R&D expenditure has reduced by over £400m a year since 2009/10