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<p>As my Rt Honerable Friend the Chancellor of the Exchequer announced at Autumn Statement,
the government is significantly increasing investment in R&D, rising to an extra
£2 billion a year by 2020-21; the largest increase in any parliament since at least
1979.</p><p> </p><p>This includes an Industrial Strategy Challenge Fund, which will
support collaborations between businesses and the UK’s world-leading science base.</p><p>
</p><p>This will ensure the UK remains an attractive place for businesses to invest
in innovative research, and that the next generation of discoveries are made, developed
and produced in Britain.</p>
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