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The Government has made significant progress in delivering our Industrial Strategy commitments. Through the Industrial Strategy, the Government has committed to increasing overall investment in R&D to 2.4% of GDP by 2027 and 3% in the longer term.<\/p>

In order to reach the 2.4% R&D target, we need to continue to attract, retain and develop research talent. This is why the government is investing in talent programmes delivered by the National Academies and UK Research and Innovation (UKRI).<\/p>

The Government has increased its investments in PhDs to support the delivery of this target and the Industrial Strategy Grand Challenges including:<\/p>