Actions
Here are four actions that the incoming Government can take quickly in the first 100 days to support the R&D sector and unlock its potential for economic growth:
Work with the R&D sector to develop plans for ten-year funding
Mitigate the impact of financial pressures on universities
Attract international talent: take action on high visa costs
Collaborate with business to drive investment in R&D
Provide stability and predictability
It was very positive to see the Labour party recognise the importance of a long-term plan for R&D in its manifesto, which has long been a focus of our work, based on feedback from our breadth of members. A stable and predictable plan, supported by sustained investment, is vital to help research and innovation thrive in a way that drives economic growth and prosperity across the UK.
The new Government should work with the R&D sector to develop plans for ten-year funding in the first 100 days as part of a wider strategic framework for R&D.
Mitigate the impact of financial pressures on universities
The financial sustainability of the research system is vital to the future success of research and innovation in the UK. Our universities are a national asset and play a pivotal role in the research and innovation landscape and tge wider economy and society through their teaching, research and knowledge exchange activities. To deliver their role in the research system effectively, universities must be supported to achieve a sustainable financial model across both their teaching and research activities.
Take early action, alongside the R&D sector, to protect and sustain university-led R&D.
Attract international talent: Welcome talented researchers to come to the UK and take action on visa costs
Attracting international talent is essential to support a thriving, collaborative UK R&D sector. R&D-intensive businesses and institutions and the public sector rely on a skilled workforce to support their sustained growth and innovation. Therefore, it is critical that the immigration and visa system, and associated costs, do not act as a barrier to attracting the most talented researchers to the UK. Government rhetoric should be welcoming to talented researchers.
Analysis by the Royal Society has shown that from 2021 to 2024, total upfront immigration costs in the UK increased by up to 58% depending on visa type. Total upfront costs are higher in the UK than all other countries in the analysis. When excluding the UK from the international average, UK upfront costs are up to 17 times higher.
Government rhetoric and policy should be welcoming to talented researchers and immediate action should be taken to reduce upfront visa costs.
The People and Culture Strategy estimated that the R&D sector will need at least an additional 150,000 researchers and technicians by 2030 to sustain the UK’s ambitions for R&D.
The Government must support and coordinate a more integrated skills system across Government and should set out a clear plan for people and skills that aligns with its priorities for science and technology. This should start with a careers strategy in England to strengthen science and engineering guidance for schools.
Drive business investment in R&D and strengthen regional investment
Ensuring business R&D investment continues to rise is vital if the UK is to achieve its research intensity ambitions. Labour has outlined its ambition to “use every available lever” to support the environment to increase businesses investment. In our recent report Backing Business R&D, we set out recommendations to incentivise businesses to invest in R&D in the UK and to strengthen local innovation ecosystems to improve R&D investment opportunities across the UK, including on tax credits.
Provide a statement of intent on the purpose and focus of R&D tax credits and stick to it.
Support regions to market their strengths and capabilities in order to attract inward investment.
Give regions the freedom to make decisions about local innovation programmes.
Polling sources:
All statistics are drawn from CaSE’s nationally-representative polling, and can be accessed here.