UK academic institutions are among the best in the world and include the world’s two top universities for science. Over 70 UK scientists and institutions have won Nobel prizes for their achievements.
Many leading global businesses focus their R&D expenditure on the UK and benefit from access to first-class resources.
In fact, 70 per cent of foreign-owned companies undertake more R&D activity here than in their home territories.
Government support for innovation is strong with generous R&D credits for companies undertaking R&D in the UK. A range of Government-backed and private schemes support R&D skills development in the UK.
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